by Bruce | November 2, 2012 | Articles, Business Models, Cultural Considerations, Finance, Globalization, Leadership, Strategy
The first eight columns in this series, to state the obvious, have been all about the challenges facing BigLaw, which I believe may be mortal to some firms who don’t or can’t respond effectively. The new landscape reflects trends bubbling up under the...
by Bruce | October 28, 2012 | Articles, Business Models, Cultural Considerations, Finance, Globalization, Leadership, Marketing, Strategy, Technology strategy
If you’ve traveled this far in this series, you may be wondering what I think you actually ought to do. Recognizing that diagnosis is eaiser than prescription, the remaininig installments—starting with this one—will try to address that. One other caveat: Not all...
by Bruce | October 21, 2012 | Articles, Business Models, Cultural Considerations, Finance, Globalization, Innovative Managing Partners, Leadership, Partnership Structures, Practice Group Management, Strategy
At the end of our last piece, I asked aloud whether we as lawyers are intellectually and emotionally capable of adapting to the new market landscape, suggested that adapting would require experimentation and—yes—failure, and noted that countries and industries that...
by Bruce | October 14, 2012 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Strategy
At the end of the last segment in series, I opined that our industry needed to respond in creative and imaginative ways to the new market landscape, and that it would take "unswerving resolve" to do so effectively and successfuly. But I also warned...
by Bruce | October 12, 2012 | Articles, Compensation, Finance, Strategy
Lee Pacchia of Bloomberg Law recently interviewed me about some of the implications of “Growth is Dead.” Here it is: It’s 12 or 13 minutes but if you don’t have time for that we’ll be trying to cut it into bite-size snippets in the...
by Bruce | October 8, 2012 | Articles, Business Models, Globalization, Leadership, Profiles of Individuals, Strategy
Last week I had the chance to sit down with Jim Rishwain, the Chair of Pillsbury, in their New York office just off Times Square. He’s been chair since May 1, 2006, following the high-profile Mary Cranston, and when he assumed the role six years ago it had not...