by Bruce | October 15, 2007 | Articles, Cultural Considerations, Leadership, Partnership Structures, Practice Group Management, Strategy
If you have a candidate for something that’s harder to achieve than large-scale organizational change—transformative change, not reforms or trim-tab adjustments—let me know. And yet, if your firm is to remain relevant in changing marketplaces,...
by Bruce | October 12, 2007 | Articles, Finance, Partnership Structures, Practice Group Management, Strategy
Sustaining our firm’s culture is critically important. Professional development and mentoring are the only way to sustain our pipeline of talent. Knowledge transfer across generational divides (including institutional knowledge) is essential to our continued...
by Bruce | October 5, 2007 | Articles, Globalization, Leadership, Marketing, Practice Group Management, Strategy
On Monday of this week Proskauer Rose published something brand-new online. I use "brand new" advisedly. I would be the first to confess I may have missed something like it beforehand (and if you’re aware of any analogs, please let me...
by Bruce | October 1, 2007 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Practice Group Management, Strategy
My firm does/does not have a mandatory retirement policy. I do/do not believe we should have one. Discuss. This comes up because of the near-even split in the industry between firms that have such policies and those that don ‘t—57% of all firms...
by Bruce | September 24, 2007 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, M&A, Marketing, Partnership Structures, Practice Group Management, Strategy
The annual "Adam Smith, Esq." Reader Survey is actively in progress, and I sincerely urge those of you who haven’t taken the two to three minutes it takes to complete it to do so right now. The point of the survey? Two-fold: I want to...
by Bruce | September 15, 2007 | Articles, Cultural Considerations, Globalization, Leadership, Marketing, Partnership Structures, Practice Group Management, Strategy
Now that marketing has become an ingrained function at firms and no longer either an exotic foreign import or an isolated archipelago, it might be time to re-examine how the world’s most sophisticated marketing organizations—consumer packaged goods...
