by Bruce | April 22, 2019 | Articles, Client Relationships, Cultural Considerations, Innovative Managing Partners, Leadership, Partnership Structures, Practice Group Management, Recruiting, Strategy
The following column is by Janet Stanton, Partner, Adam Smith, Esq. The reason we’ve never written about gender diversity before is that there was frankly not much to say; regurgitating dispiriting statistics without offering credible remedy is not what we do. But...
by Bruce | April 1, 2019 | Articles, Business Models, Cultural Considerations, Finance, Globalization, Latin America, Leadership, M&A, Practice Group Management, Strategy
Last week I spent three full days in Bogota, meeting with firms and colleagues, giving a talk at the always-wonderful “Gun Club,” and generally trying to soak up as much market intelligence as I could. Although I’ve been to Bogota several...
by Bruce | February 21, 2019 | Articles, Business Models, Cultural Considerations, Globalization, Leadership, Partnership Structures, Practice Group Management, Strategy
Lurking in the wings, if not center-stage, in almost everything we do in our work with clients–and I imagine something similar holds true in the work of many of you, invaluable readers–is the nebulous and unclear, but mostly ominous-sounding, notion of...
by Bruce | January 15, 2019 | Articles, Business Models, Finance, Leadership, Practice Group Management, Strategy
Having discussed the Citi/Hildebrandt annual client advisory, we now turn to the Thomson-Reuters/Georgetown Report on the State of the Legal Market for 2018. If Citi’s editorial tone tends to be rather celebratory of good news, Thomson-Reuters’ tends in...
by Bruce | November 16, 2018 | Articles, Cultural Considerations, Leadership, Partnership Structures, Practice Group Management, Strategy
We don’t often write purposefully on the topic of leadership, if for no other reason than it’s hard for most people to get past, “I know it when I see it,” but more substantively because we think it perfuses so much of our writing and...
by Bruce | November 5, 2018 | Articles, Business Models, Client Relationships, Cultural Considerations, Leadership, Practice Group Management, Strategy
There is only one valid definition of a business purpose: to create a customer. –Peter Drucker, The Practice of Management (New York,: Harper, 1st ed. 1954); Routledge, 2012, at p. 37 Urban legend has it that a Harvard Business School professor (who is never...