Articles

Letter from Near and Far

Gentle Reader: Apologies for not having published more frequently over the past couple of weeks but business has taken us to Paris, the south of France, London, Portland, and Seattle–with 48 hours in New York inbetween the European and the Pacific Northwest trips. We met with firms ranging from the Magic and Silver Circle to US-based
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Articles, Business Models, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Practice Group Management, Strategy

Bingham/Morgan-Lewis

Whether or not the bruited Bingham/Morgan-Lewis merger is consummated, Bingham as we know it is beginning to cease to exist. While I have no inside information and am not professionally involved in the recent developments, inquiring minds have to ask what has happened and why, and if there are any lessons for the rest of
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Articles, Cultural Considerations, Finance

The Blind Men & Big Data

This column is by our Senior Adviser, Doug Caddell: A few weeks ago I returned from the 37th annual ILTA education conference, which was held this year at the Gaylord Opryland hotel in Nashville. The Gaylord in Nashville is not my favorite venue.  It was cobbled together from the original Opryland Hotel when the Gaylord
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Articles, Business Models, Technology strategy

How Not To Lead

Lately you’ve seen a few columns here on the topic of leadership: Namely, how to do it well. Invoking the equal time rule, today I want to talk about failed, misguided, and destructive leadership, using two examples from very different walks of life. The first, a CEO of a Fortune 50 firm, is a matter
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Articles, Cultural Considerations, Leadership, Practice Group Management

“Growth Is Dead” Events: Portland & Seattle

We’re following Horace Greeley’s advice and heading to the Pacific Northwest. Thanks to the generosity of our friends at the LMA Northwest, we’ll be presenting in both Portland and Seattle on “Growth Is Dead: Now What?” Both events are 8:00–9:00 am: Portland on Tuesday, September 23rd  at the offices of Stoel Rives; And Seattle on
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About the Site, Articles

Happy Labor Day

   

About the Site, Articles

Management Matters

Thought experiment time. I’m going to give you some excerpts from a Harvard Business Review article about how a company sold its workforce on management, and you’re going to work through the implications of what this firm learned for Law Land—where, yes, lawyers are at least as averse to “Management” as were the engineers at
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Articles

Do You Love What You Do? Really?

A couple of weeks ago, I wrote about leadership—something of a first here at Adam Smith, Esq., at least calling it out explicitly by that name—and the topic deserves revisiting and elaboration. My article took off from an HBR piece, Why You Lead Determines How Well You Lead, but it in turn relied on research
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Articles, Compensation, Cultural Considerations, Leadership, Strategy

The Elite Face-Off: NY vs. London

A famous former (and now late)  leader of the US House of Representatives, the classic Boston pol Tip O’Neill, supposedly remarked that “all politics is local.”  To that I would add MacEwen’s corollary, that “all rivalries are local.” In many ways, the leading candidate for most intense local rivalry in BigLaw is between London’s four
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Articles, Business Models, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Strategy

Why Are You Leading?

Implicit throughout virtually anything published here on Adam Smith, Esq. is leadership. As an issue, a challenge, a conundrum, and even a definitional challenge (what is “leadership”?). Because it’s pregnant in most everything, and because it’s perhaps the single topic leading most writers in business theory and management into recursive quagmires of tautologies and into
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Articles, Leadership