by Bruce | April 24, 2020 | Articles, Build Back Better, Client Relationships, Compensation, Cultural Considerations, Finance, Leadership
The following column was published on Thomson Reuters’ Legal Executive Institute site on April 20, 2020. We reprint it here by their courtesy. This 2-part series was written by Bruce MacEwen & Janet Stanton of Adam Smith, Esq. Over the past couple of weeks...
by Bruce | April 21, 2020 | Articles, Build Back Better, Cultural Considerations, Leadership, Strategy
The following column is by Janet Stanton, Partner, Adam Smith, Esq. “If you can keep your head when all about you are losing theirs…” – Rudyard Kipling Ever wondered why clergy seem almost preternaturally calm? I certainly have. Were they born that way and, therefore,...
by Bruce | April 16, 2020 | Articles
We’re happy to report we’ll be part of a panel on: Webinar – Law Land 1st Q Performance: What happened? Wednesday, 13 May 2020 12 noon (US Eastern) Be one of the first to see how early responses to mitigate the Coronavirus have impacted law firms. Under...
by Bruce | April 14, 2020 | Articles
A few days ago the hyper-connected and truly thoughtful Andrew Ross Sorkin of The New York Times included, verbatim, a letter I summarize below in his daily e-news. On the strong suspicion that there are some corporate lawyers in the audience with an interest in...
by Bruce | April 1, 2020 | Articles, Finance, Globalization, Leadership, Strategy
Say what you will about the “social distancing” clampdown put in place all over the world, but you will never find stronger consensus among economists about anything than this: They are desperately needed if we are to get back on our feet again. Some of you may know...
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 | March 22, 2020 | About the Site, Articles, Build Back Better, Ineffable, Leadership
Dedicated as we are to analyzing “the economics of law firms” and their brethren, we are all of us in stupefying times. A few thoughts for those of you on the front lines. First Closing your offices, remote working, and diligent adherence to “social...
by Bruce | March 16, 2020 | Articles, Ineffable, Just Plain Interesting, Leadership
At times, and now is emphatically one, when America is challenged we seem to take forever to get up off our haunches and begin the process of trying to wrest back control of the chaos and turn back the threat. Our response is spastic, uncoordinated, at cross...
by Bruce | March 2, 2020 | Articles, Business Models, Finance, Globalization, Leadership, Technology strategy
You do have one, right? In just the past few days, we’ve heard a few firms volunteer that (a) clients are inquiring about their business continuity plans; (b) they’re dusting their plan off; (c.i.) they’re making sure they have one (or [c.ii.]...
by Bruce | February 28, 2020 | Articles, Business Models, Cultural Considerations, Finance, Globalization, Leadership, NewLaw, Strategy
Legal Business’s retrospective on the 2010s (“The Vision Thing”) opens thus: The last decade emerged with the shockwaves of the banking crisis still making themselves felt on the profession. Having just made a series of job cuts in major markets the...