When something becomes so important to you that it drives your behavior and commands your emotions, you are worshipping it.― J.D. Greear
Introduction
Performance measurement and the use of related metrics is pivotal to managing the successful development of any business enterprise. However, for the metric to be of value it must provide insight
Technology is nothing. What’s important is that you have a faith in people, that they’re basically good and smart, and if you give them tools, they’ll do wonderful things with them.
Steve Jobs- Rolling Stone Magazine June 94
Allen Fuqua is a long-time friend, former colleague and an extraordinary law firm Chief Marketing Officer.
Following up on my recent post on the matter, I had the opportunity to discuss the lessons other law firms can learn from the Dewey LeBoeuf collapse and indictments with Colin O’Keefe of LXBN. In the video interview (click here), I explain what law firms can take away from the situation and
A lot has been written about the indictments handed down against the former Dewey leadership. To review, they are accused of manipulating the Dewey books and falsely representing Dewey’s financial condition, presumably for the purpose of keeping the Dewey ship afloat when it started taking on water in 2008. Unfortunately for these former leaders and
Last week’s blog Law Firm Growth: Maintaining a Sensible Strategy (Part One) reviewed the uneven success from the non-organic growth tactics of lateral hiring and mergers. Also reviewed were some of the unspoken motivations behind lateral and merger growth. Despite noting these non-strategic reasons, last week’s blog concluded that these two popular means of growth
Law firm growth over the last thirty years has been constant. Through economic ups and down law firms have pursued growth, by growing organically, hiring laterally, doing mergers. For all the effort by law firms to grow, it is surprising that the resulting law firms are not much larger today. Setting aside the franchise like
History tells us that Heenan Blaikie’s failure was not an isolated event. It was preceded by more publicized failures, like Dewey, Howrey and Coudert Brothers, which failed due to a combination of their own unique reasons and maladies found in all law firms. For good reason, many in Canada and the US note
A house divided against itself cannot stand. A. Lincoln
When you see the word “Culture” used in a discussion about today’s law firm environment, what comes to mind? A metric defying intangible that, though referenced in reverent tones in firm literature, bears little relevance to the bottom-line? Or, as a palpable reality that
“Focusing is about saying No!” Steve Jobs
I was reviewing an article regarding the 13th Annual America’s Best Corporate Law Firms study and was struck with how consistent the same names appear on this list — year in and year out. Even if you haven’t seen it, chances are you can name many
For no matter what we achieve, if we don’t spend the vast majority of our time with people we love and respect, we cannot possibly have a great life. But if we spend the vast majority of our time with people we love and respect — people we really enjoy being on the bus with
