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26% of Your Profitability Is In Your Hands

by Bruce | January 27, 2006 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, M&A, Partnership Structures, Practice Group Management, Strategy

Questions for your managing partner, executive committee, and executive director: Is your  firm as profitable as it could be?   How does it measure up vis-a-vis its peer group?  And what defines that "peer group," precisely?  Do you...

The Last New Year’s Article on “Top Trends;” Or, Why KM is So Hard

by Bruce | January 23, 2006 | Articles, Finance, Knowledge Management, Practice Group Management, Strategy, Technology strategy

Have no fear that "Adam Smith, Esq." is going to morph into a boot-licking, reverential conduit for re-distributing the year-end natterings of those ink-stained scribes from the MSM and the high-profile consultancies hoping to goose their annual bonus by...

Seven Smart Guys

by Bruce | January 23, 2006 | About the Site, Articles, Finance, Leadership, Practice Group Management, Strategy

Two new blogs of note: David Maister’s "Passion, People and Principles":  I sincerely hope you recognize David’s name; if you don’t, I implore you to take an immediate look.  His inaugural post is about his "blogging...

“Business Intelligence:” What You Don’t Know Can Hurt You

by Bruce | January 22, 2006 | Articles, Cultural Considerations, Finance, Leadership, Marketing, Practice Group Management, Technology strategy

As I’ve written before, "Business Intelligence" is  here to stay.  (And if that’s an unfamiliar or unclear term to you, please refer to the earlier post on this, which serves to introduce the field; and no apologies necessary, as the...

Where Will Your Firm Be in 2015?

by Bruce | January 20, 2006 | Articles, Cultural Considerations, Finance, Globalization, Knowledge Management, Leadership, Practice Group Management, Strategy, Technology strategy

Total world cross-border trade as a percentage of global GDP 1990: 18% 2015 (estimated): 30% Computational capability of an Intel processor, as measured in instructions per second 1971: 60,000 2005: 10,800,000,000 Multiple by which e-mail traffic has grown from 1997...

Is Your Firm Organized Around Your Clients or Around Your Firm?

by Bruce | January 13, 2006 | Articles, Cultural Considerations, Leadership, Marketing, Partnership Structures, Practice Group Management, Strategy

Your firm is dedicated to client service as one of its pre-eminent goals, if not the absolutely highest priority, right? Not so fast.  Do you have a lawyer serving full-time as "Client Services Advisor," serving as an ombudsman on behalf of the...
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