by Bruce | August 19, 2015 | Articles, Business Models, Client Relationships, Finance, Marketing, Practice Group Management
Today I want to discuss what, I imagine, many readers will thing is a hare-brained idea; and then I want to explain why, if you adopted this idea, your own behavior would change such that it might not end up being hare-brained in the least. Both dimensions of this...
by Bruce | August 14, 2015 | Articles, Technology strategy
The following article is by Doug Caddell, a Senior Advisor at Adam Smith Esq. and a former Global 50 CIO. He is a certified Information Governance Professional (IGP) and a Certified Information Systems Security Professional (CISSP). As I sat down to write this...
by Bruce | August 6, 2015 | Articles, Finance, Leadership, Strategy, Technology strategy
Today’s column is by Janet Stanton, Partner, Adam Smith, Esq. It’s a truth universally acknowledged that Law Land resists change like the plague. And, yes, this is pretty widely attributed to the phenom known as the “lawyer personality,” characterized by an...
by Bruce | July 30, 2015 | Articles, Business Models, Finance, Partnership Structures, Strategy
You may have heard about the Business Leadership Summit being organized by The Lawyer, taking place in London September 22—23. (More information here; registration here.) The theme is “embracing change in the delivery of legal services,” and here are are a...
by Bruce | July 22, 2015 | Articles, Client Relationships
The doughty team from St. Michael’s Episcopal is now roughly two months into our engagement of an AmLaw 100 firm to help assess the zoning, land use, “open space,” and other issues surrounding our vacant corner lot and opportunities for development....
by Bruce | July 14, 2015 | Articles
The polls will close this coming Friday, July 15th, at 6:00 pm New York time. Take the survey before time runs out! Remember: It only takes three to five minutes, and when you complete it you can voluntarily enter a random drawing to win one of two $50 gift...
by Bruce | July 12, 2015 | Articles, Leadership, Strategy, Technology strategy
Last week here in New York we had the opportunity to invite a couple of dozen law firms to “An Introduction to IBM Watson” at the brand new $1-billion IBM Watson facility down on Astor Place. This is not going to be a report on that event, except insofar...
by Bruce | July 4, 2015 | Articles
by Bruce | June 30, 2015 | Articles, Client Relationships, Cultural Considerations, Leadership, Practice Group Management
Two weeks ago we invited you to take a survey (three to five minutes of your time, tops) to try to get to the bottom of whether law firms are really "collegial and collaborative," as they are perennially asserting. If you missed your chance the first time...
by Bruce | June 25, 2015 | Articles, Business Models, Finance, Strategy, Technology strategy
Much talk has been devoted lately to whether the growth of in-house law departments will take market share from Big Law, or, posed more in the language of economics, whether in-house lawyers are a reasonable substitute for outside counsel. Confessing that I have not...