Practice Group Management | Adam Smith, Esq.

How Healthy Is Your Firm?

by Bruce | May 26, 2007 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Practice Group Management, Strategy

As a manager, how do you balance the imperative of long-term strategic focus with the exigencies of day to day "incoming?" As a practitioner, how do you balance the demands of clients and deals with your well-intended resolutions to be a better...

Where Have All the Partners Gone?

by Bruce | May 10, 2007 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Practice Group Management, Strategy

The American Lawyer asks "Is Shedding Partners the Right Way to Improve Profitability?," which is the wrong question—albeit a nice headline for a relatively substantive article. First, what phenomenon are they addressing? The phenomenon is...

Lessons From Doctors

by Bruce | May 9, 2007 | Articles, Cultural Considerations, Leadership, Practice Group Management, Strategy

"Uncertainty sometimes is essential for success." A scientist talking? An NFL coach? A four-star general? Actually, Jerome Groopman, a physician at Harvard Medical School who also writes for The New Yorker. The words are from his new book, How Doctors Think,...

The Women Partner Problem

by Bruce | May 3, 2007 | Articles, Cultural Considerations, Leadership, Partnership Structures, Practice Group Management, Strategy

Frankly, I’ve written too infrequently about our industry’s deplorable statistics on the ratio of women partners to male partners. I have excuses, but they’re not reasons. Herewith a first attempt to remedy that. This is prompted by...

Do You Know What Your Associates Think?

by Bruce | April 30, 2007 | Articles, Cultural Considerations, Leadership, Partnership Structures, Practice Group Management

From HBS’s Working Knowledge, in an article entitled "Do I Dare Say Something?" "Perhaps most surprising to us has been the degree to which fear appears to be a feature of modern work life. Whenever we talk with others about this work, such as on...

Learning vs. Performance

by Bruce | April 27, 2007 | Articles, Cultural Considerations, Knowledge Management, Leadership, Practice Group Management, Strategy

Could it be that "great teams are less productive?" That’s the headline that got my attention over at Harvard Business School’s Working Knowledge. As it turns out, there is understandable tension between "learning" and...

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