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My Bloomberg Law Interview on Leverage

by Bruce | September 23, 2026 | About the Site, Articles, Business Models, Finance, Partnership Structures, Strategy

Many thanks to our good friends at Bloomberg Law for asking me in to chat about the economic and revenue/profit function of leverage in BigLaw. Take a look!

Pay Wars & MSO’s: Huh?

by Bruce | September 15, 2026 | Articles, Business Models, Client Relationships, Cultural Considerations, Generative AI, Leadership, Strategy, Technology strategy

David Morley, former head of Allen & Overy and, happy disclosure, a long-time friend, just published an article over at law.com that starts like this: The call usually comes on a Friday afternoon. A star partner has an offer from a rival: an eight-figure...

Whither Agentic AI and Law Firms?: My Interview with Sidebar

by Bruce | August 25, 2026 | Articles, Business Models, Cultural Considerations, Generative AI, Leadership, Partnership Structures, Strategy

A little while ago I was interviewed by Niraj Chhabra of Sidebar Advisors.  He publishes a podcast and here’s a link to my conversation with him.   He also shared alternative platforms where you can find our conversation in case you are more comfortable with one of...

The Maroons & the Grays: An Update

by Bruce | August 16, 2026 | Articles, Branding, Business Models, Client Relationships, Generative AI, Leadership, Partnership Structures, Strategy

Back in 2019 we published a three-part series introducing and fleshing out our model of the competitive market segmentation of law firms.   We posited that the two primary segments of BigLaw are the “maroons,” go-to firms for bet-the-company matters garnering...

Are You Smarter (at AI) Than Your Clients?

by Bruce | July 28, 2026 | Articles, Business Models, Generative AI, Strategy, Technology strategy

About a month ago, Steven Croley, Chief Policy Officer and GC at Ford Motor–who, full disclosure, I do not know–published a column on Bloomberg Law opening with the commonplace observation that AI is disrupting the legal services market for large public...

Scale Matters

by Bruce | June 26, 2026 | Articles, Branding, Business Models, Client Relationships, Generative AI, Leadership, M&A, Partnership Structures, Strategy

In the past we have written that for law firms scale—number of partners and total lawyers, number of offices, total revenue, &c.—doesn’t really matter.  The distinctions that clients care about center around specific domain/practice area expertise, track record, a...
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