by Bruce | February 16, 2007 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Practice Group Management, Strategy
"I’ve become accustomed in the last six years to facing the presumption that a profession cannot be a business in its true sense. It is quite a common assertion, made equally by a number from within our own profession. It is underpinned by the belief that...
by Bruce | February 3, 2007 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Knowledge Management, Leadership, Marketing, Partnership Structures, Practice Group Management, Strategy, Technology strategy
Mark Chandler, a Senior Vice President and the Secretary and General Counsel of Cisco, gave a speech last week in San Diego at the Northwestern School of Law’s 34th Annual Securities Regulation Institute, which has been getting a fair amount of play online, and...
by Bruce | February 1, 2007 | Articles, Just Plain Interesting, Leadership, Practice Group Management
The College of Law Practice Management was formed over a decade ago to "honor and recognize distinguished law practice management professionals, to set standards of achievement for others in the profession, and to fund and assist projects that enhance the highest...
by Bruce | January 30, 2007 | Articles, Cultural Considerations, Finance, Globalization, Practice Group Management, Strategy, Technology strategy
True story related to me this month by a friend who happened to be accompanying a senior and a junior partner through the library of their AmLaw 25 firm, with an eye towards figuring out if the space could be used better: Junior Partner (adamantly): ...
by Bruce | January 27, 2007 | Articles, Compensation, Leadership, Partnership Structures, Practice Group Management, Strategy
Lately there’s been heightened discussion of whether firms’ Managing Partners should be full-time CEO’s, or whether the traditional custom of their being active practitioners, billing gobs of hours on real live client matters and managing the firm...
by Bruce | January 24, 2007 | Articles, Cultural Considerations, Finance, Globalization, Leadership, M&A, Practice Group Management, Strategy
The coverage has been wall-to-wall, if not deafening, and two things we do not do here at "Adam Smith, Esq." (there are others, trust me) are (1) cover breaking news; and (2) tell you things that we know you already know. So I haven’t yet...