by Bruce | July 6, 2020 | Articles, Build Back Better, Cultural Considerations, Knowledge Management, Leadership, Practice Group Management, Recruiting
The other day we were presenting a webinar (what else?) on “The Lawyer of the Future” to a firm’s summer associate class, now in the midst of their remote (what else?) June and July program, and the quite rational question came up, “What do associates need to know?”...
by Bruce | April 27, 2020 | Articles, Build Back Better
What we do not know about the surreal period we’re in—“Coronatide” is our King of the Hill name for it—would fill the proverbial book, or actually several. (My sources for what I say, for the record, range from The New York Times, Wall Street Journal, and Financial...
by Bruce | March 28, 2020 | Articles, Finance, Globalization, Strategy
This is the first of what I anticipate will be a three-part series discussing some of our thoughts on the potential macroeconomics of what the world is going through with Covid-19. This, Part 1, will talk about the likely contours of the recession we’re surely...
by Bruce | June 9, 2019 | Articles, Business Models, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Strategy
At the end of installment #1, we promised you we’d discuss what happens if you apply Porter’s famous “five forces” to the Maroons and the Grays. Shall we? Insight from Porter’s “Five Forces” In 1979, Harvard Business School Professor Michael...
by Bruce | May 9, 2019 | Articles, Business Models, Finance, Leadership, Partnership Structures, Practice Group Management
We have written before about the profession’s seeming disconnect between how people perceive the typical law firm, in terms of lawyer career-level distribution, and reality. The perception, from history, is that of a relatively small number of partners on top...