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2020: The Year of Law Land Segmentation

by Bruce | January 15, 2020 | Articles, Branding, Business Models, Cultural Considerations, Finance, Leadership, Strategy

This article is co-authored by Bruce MacEwen, President, Janet Stanton, Partner and Antonio Leal Holguin, Director – Adam Smith, Esq. Lots of folks have their “Year of….” custom, often retrospectively, but here at Adam Smith, Esq., we’re more...

Ain’t Misbehavin’

by Bruce | December 13, 2019 | Articles, Business Models, Cultural Considerations, Leadership, Partnership Structures, Practice Group Management, Strategy

Not to name names, but does it strike you as it does me that we’re in the midst of a global surfeit of senior leaders behaving badly? Almost every domain of human endeavor seems tarnished, or worse, by malfeasance, broken trust, power abused, or even...

Who’s Your Chief Innovation Officer?

by Bruce | November 13, 2019 | Articles, Business Models, Cultural Considerations, Leadership, Strategy, Technology strategy

Ten years ago (five?) the role of “Chief Innovation Officer” was almost unheard-of.  Now hardly a week goes by without a firm announcing the appointment of so-and-so to that role and title. But what exactly Is a “CINO” and where do (where...

How to Stand Out in a Crowded Marketplace

by Bruce | September 29, 2019 | Articles, Client Relationships, Cultural Considerations, Marketing, Practice Group Management, Strategy

We would flatter ourselves to believe that even occasional readers know we believe fervently in basing our work on data and research, not just hunch and intuition. So we warmly welcomed it when PwC’s often useful “strategy + business” published a little bit ago an...

What is the Purpose of Your Firm?

by Bruce | August 26, 2019 | Articles, Business Models, Client Relationships, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Strategy

Has our first (and really only) answer to the question, “What is a corporation’s purpose?” been wrong for the last, oh, 40 or 50 years?  The answer, pace Milton Friedman [see note at end], has of course been “shareholder value!”  And now...

On Being a Splendid Gray

by Bruce | July 26, 2019 | Articles, Business Models, Cultural Considerations, Leadership, Partnership Structures, Strategy

In our third and final installment of the Maroons/Grays segmentation analysis, we presented this: Here’s a simplistic way of thinking about the two types of firms and the consequences for each of strong or of weak management.   Maroons Grays Superbly run Steady as she...
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