“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
The media reports about Canadian law firm Heenan Blaikie present a classic case of a law firm facing transition. The well-known and regarded Canadian law firm has seen its foundation shake as lawyers depart, reports of dropping business abound and speculation mounts about merger or dissolution. Without being on the inside it is difficult
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
Last month, a large bankruptcy law firm in Michigan filed chapter 11, citing the fallout from the dissolution of another law firm. The irony of a bankruptcy law firm filing bankruptcy aside, its struggles show that any firm is susceptible to financial stress. In many instances, law firm stress leads to or follows a
Like a lot of things, the workout of a troubled law firm loan is neither mechanical nor predictable. Facts unique to the situation guide a bank’s approach, and finding the correct strategy is as much art as it is science. But because the problem loan is not likely to resolve itself, the smart banker seizes
What successes or challenges can we expect for law firms in 2014? Writers like Dimitra Kessenides and Jennifer Smith recently have written that 2014 may be a challenging year for law firms. But as reported just this week, including by Jennifer Smith, the 2014 Outlook from Citi Private Bank and Hildebrandt Consulting projects law
Note: This is Part Two of a blog that was originally published as a guest blog on Kevin McKeown‘s Blog Leadership Close Up. We wrote At the Edge–Avoiding the Fall to revisit a success story of a law firm dealing with transition and emerging stronger from a near crisis and how the
We originally posted this blog on Kevin McKeown‘s blog Leadership Close Up. Kevin has been a tremendous resource for us and has guided us greatly as we work at delivering meaningful content about the legal industry and the significant changes it faces.
Some words simply lose impact over time.
Change is such a
I originally posted this blog as a guest of the Cordell Parvin Blog. Cordell is a great guy who has a terrific practice as a a tremendously successful career and business development coach to lawyers. Thank you Cordell.
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Wow – where does time go? It seems like yesterday that my good
Nothing is scarier to a law firm than to find itself facing a “run on the bank.” It can begin with one or two “key” departures, is compounded by panic, and followed by more departures.
Few firms are immune. As Debra Weiss noted in her Is the Law Firm Pyramid Collapsing? Big Law is Aging
