by Bruce | February 10, 2021 | Articles, Build Back Better, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Practice Group Management, Recruiting, Strategy
The following column is by Janet Stanton, Partner, Adam Smith, Esq. One of the most vexing issues for law firms is that of under-performing lawyers. And, let’s be clear from the get-go, we’re talking about chronic underperformance; not someone having, say, one bad...
by Bruce | February 1, 2021 | Articles, Build Back Better, Business Models, Compensation, Cultural Considerations, Finance, Innovative Managing Partners, Leadership, M&A, Strategy
When we ended Part 2 of this series, we had discussed the data showing (1) that the conventional wisdom about the AmLaw firms growing relentlessly to the sky was, uh, Fake News (h/t to Jae Um), (2) that the real picture is one of increasing segmentation among law...
by Bruce | January 27, 2021 | Articles, Build Back Better, Business Models, Client Relationships, Finance, Leadership, Strategy
What will differentiate winning firms from “mere” survivors is adaptability. As the Organization for Economic Development wrote in 2019: Resilience centers on the ability not only to resist and recover from adverse shocks, but also to “bounce back” stronger than...
by Bruce | January 21, 2021 | Articles, Ineffable, Just Plain Interesting
By Amanda Gorman, Poet Laureate of the United States: Delivered 20 January 2021 When day comes, we ask ourselves where can we find light in this never-ending shade? The loss we carry, a sea we must wade. We’ve braved the belly of the beast. We’ve learned that quiet...
by Bruce | January 12, 2021 | Articles, Client Relationships, Cultural Considerations, Marketing, Strategic Client Management, Strategy
The following column is by Janet Stanton, Partner, Adam Smith, Esq. This may come as news, and, perhaps unwelcome news, at that, to many lawyers. That said, again and again and in study after study clients express their strong preference for lawyers and firms that...
by Bruce | January 7, 2021 | Articles, Ineffable
As I imagine did almost all of you, yesterday I watched in shock and disbelief as an armed mob took control of the citadel of our democracy and held it for hours, incited by a President encouraging violence aimed at upending not just our national election but all it...
by Bruce | December 17, 2020 | Articles, Branding, Build Back Better, Business Models, Cultural Considerations, Finance, Leadership, NewLaw, Practice Group Management, Strategy
With vaccines no longer a distant deus ex machina but here today in the cargo holds of aircraft at 35,000 feet, on FedEx and UPS trucks nationwide, and soon at a friendly neighborhood pharmacy near you, it’s time to refocus on what the contours of Law Land’s...
by Bruce | December 10, 2020 | Articles, Business Models, Cultural Considerations, Recruiting
This column is by Janet Stanton, Partner, Adam Smith, Esq. Yes, we’re pretty much mercilessly flogging the Leopard Law Firm Index. Why? Because in the information-desert that is Law Land, the Leopard Index provides high-quality, easily accessible data firms can use...
by Bruce | November 23, 2020 | Articles, Build Back Better, Cultural Considerations, Practice Group Management, Question of the Month
You know what to do! Check this space for final results. Polls will remain open until the Board of Elections (yours truly) says they’re closed. No recounts. [poll id=”21″]
by Bruce | November 12, 2020 | Articles, Ineffable, Marketing, Strategic Client Management
This column is by Janet Stanton, Partner, Adam Smith, Esq. Slogans just don’t work for law firms. This from a girl who spent the better part her career working with organizations that often lived or died by their taglines: “Nobody doesn’t like Sara Lee,” “We don’t...
