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Comfortable, Yes: But Viable?

by Bruce | July 15, 2011 | Articles, Cultural Considerations, Leadership, Practice Group Management, Strategy

Think you could learn anything from Uniqlo, the high-turnover, fashion-forward clothing retailer out of Japan?  No?  Then how about learning something from Japan itself?  (That is to say, from its corporate culture.)  No, again?  Because...

How Do Law Firms Score on the “10X Revenue Club” Metrics?

by Bruce | June 19, 2011 | Articles, Business Models, Cultural Considerations, Finance, Leadership, Practice Group Management, Strategy

Legion are the topics lawyers don’t talk about, and they could perhaps be accurately summarized as “anything we’d prefer not to talk about,” but primary among them is the strength or weakness of their own firms’ business models. So...

Be Innovative? Who, Me?

by Bruce | May 23, 2011 | Articles, Cultural Considerations, Leadership, Practice Group Management, Strategy

Jim Surowiecki, writing his regular column in The New Yorker, “The Financial Page,” wrote last week about innovation and why it seems to take hold in the US before it does elsewhere. Jim is a good read almost any week, but this is a column demanding...

Fifth in Our Series on Strategy: What it Takes to Be Tier 2

by Bruce | April 4, 2011 | Articles, Cultural Considerations, Finance, Leadership, Practice Group Management, Strategy

Recently, I wrote about what I called the Tier 1/Tier 2/Tier 3 challenge for BigLaw. Briefly, the Tiers are: 1: What everyone aspires to. Think Wachtell, Skadden, Cravath, et al. Good luck emulating them, or convincing the market you’re their peers if...

Seminar on Value-Billing Fee Arrangements/New York/March 24

by Bruce | March 12, 2011 | About the Site, Articles, Finance, Practice Group Management

I’d like to bring to your attention an all-day seminar happening here in midtown New York on Thursday, March 24th, sponsored by the Ark Group and Managing Partner magazine, on Value-Billing Fee Arrangements and Legal Service Logistics.Here’s the rundown of...

Third in Our Series on Strategy: Bad Strategy

by Bruce | March 6, 2011 | Articles, Leadership, Practice Group Management

As a management consultant to law firms, perhaps the most consistently infuriating phenomenon I encounter (all the time and everywhere, I’m deeply sorry to report) is transparently bogus strategic advice. Here are some examples: Have a struggling office? Hire...
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