by Bruce | March 16, 2006 | Articles, Finance, Globalization, Knowledge Management, Leadership, Marketing, Practice Group Management, Strategy, Technology strategy
Reminder & Update: The SUNY/Stony Brook MBA Program exclusively for law firm managers is starting the last week of April. I’m a faculty member, teaching the core (a/k/a required) course, "Strategic Technology & Innovation," and we...
by Bruce | March 15, 2006 | Articles, Cultural Considerations, Finance, Globalization, Strategy
One of my near-bedrock beliefs is that we’re living through a period when the structure of the legal industry is morphing before our eyes, setting up what I believe will be a future pattern that may well endure for decades. Most recently, I wrote about...
by Bruce | March 14, 2006 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Practice Group Management, Strategy
When it comes to law firm financial performance, there’s a fatalistic school of thought which more or less adopts the following position: "Profitability all depends on matters outside the firm’s immediate control, starting with the basics such...
by Bruce | March 11, 2006 | Articles, Cultural Considerations, Leadership, Practice Group Management, Strategy, Technology strategy
In 2004 James Surowiecki, a business columnist with The New Yorker, published the well-received The Wisdom of Crowds, which explored (and celebrated) the phenomenon of "collective intelligence," whereby the consensus forecast of a number of lay people was...
by Bruce | March 8, 2006 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Strategy
Azim Premji, who created Wipro, is the wealthiest man in India. A few nights ago he was interviewed on the "Charlie Rose" show and to listen to him even for a few moments was to understand how Wipro came to have one of the most distinctive—and...
by Bruce | March 7, 2006 | Articles, Leadership, Marketing, Practice Group Management, Strategy
I’ve long believed that marketing is harder than it looks, and for those of you reading this who are marketing professionals, suffice to say you have my deepest sympathy, respect, and affection. (Readers who know me personally also know that...