We’re just back from a week in London – coincidentally smack in the middle of the UK firms’ earnings-release season – and for reasons far more profound than that annual roll call of bragging rights, the level of preoccupation with the future in the great City has never to us seemed higher to us. A …
I call it the hollow middle, but Knowledge@Wharton prefers ‘disappearing middle.’ Here’s what, writing in their pages, the CEO of the Cambridge Group, identified as ‘a growth strategy consulting firm that is part of Nielsen,’ has to say about it.
It has become bromidic to observe that we’ve moved from a linear growth market, ever up and to the right, to one of flat demand (did someone say, “growth is dead?”). We are, in short, in a battle for market share. Welcome to the rest of the economy.
People occasionally ask me if I tweet (I don’t) and what role I think Twitter has in law firm marketing (none). I probably owe an explanation. I believe Twitter has always been a niche service and always will be; it will never go mainstream in the way that (say) Facebook or LinkedIn has.
‘Never before has our future seemed so shrouded in fog and noise,’ I’ve written, and discussed its paralytic effects on our decision-making. Comes now academic vindication of just how strong the effect is.
This is a sequel, in a yin-yang fashion, to an earlier guest post, ‘Three leading indicators of failure‘. What might the equivalent indicators be for success, or outperformance?
Can you remember a time when there was so much talk of more BigLaw firm failures? I can’t. Count yourself a believer or a sceptic (and there are hard core advocates on both sides, including gleeful cheerleaders in the first camp and diehard deniers in the second camp), this is a new phenomenon on our landscape.
To judge from the way law firms behave – it’s helpfully instructive to ignore what they say – the answer to the rhetorical question of the above headline is: ‘Who gives a fig?’ Consider the following facts and ask yourself what philosophy of management underlies and ties all law firms together:
Adam Smith, Esq’s Bruce MacEwen argues that short-termism and a lack of stewardship has come to define the modern law firm To judge from the way law firms behave – it’s helpfully instructive to ignore what they say – the answer to the rhetorical question of the above headline is: ‘Who gives a fig?’ Consider …
Continue reading “DISSENT: Where do you want your firm to be in 2020?”
It’s been viewed online nearly seven million times. Sheryl Sandberg calls it one of the most important documents ever to come out of Silicon Valley. And it was created by the company whose stock increased in 2013 more than any other’s in the S&P 500—up nearly 350%. “It” is a 126-slide PowerPoint called ‘Netflix Culture: …
