There has been a recent flurry of articles regarding law firm “spin offs” some referencing actions such 
as the recent Ropes & Gray IP move which appears practice specific. Others target “spin offs” as a means of getting lean. Seth Godin (who you might consider following if you don’t already) had a great and short
Growing A Law Firm Into Decline
Don’t confuse cause with coincidence. – W. Edwards Deming
In Jim Collins’ book How the Mighty Fall, he describes phase two of business decline as “Undisciplined Pursuit of More.”
When it comes to law firms, we might call this phase of decline a period of Ego Driven Growth. This type of growth
Is Your Law Firm At Risk?
One ought never turn one’s back on a threatened danger and try to run away from it. If you do that, you will double the danger. But if you meet it promptly and without flinching, you will reduce the danger by half. Never run away from anything. Never!
Winston Churchill
The first key to
Slowing the Law Firm Churn
Recently, I was asked if I was going to fire an employee who made a mistake that cost the company $600,000. No, I replied, I just spent $600,000 training him. Why would I want somebody to hire his experience? THOMAS J. WATSON SR.
How many lawyers have you watched move from one firm to
Merger and the Small to Medium Sized Law Firm: A Recipe For Success
Law firm news continues to include reports of record profits for some — small and large alike. But the news is far from all good. The reports of desperate struggles for survival are regular; and far too frequently, the headlines include news of the latest law firm closure.
In the midst of it all, law
When Law Firm Expansion Is A Precursor To Fracture
Recent posts from Above the Law and Law360 have focused on K&L Gates, and happened to touch on an issue we’ve been wrestling with for some time. The primary focus of the articles was departures from the firm; but it also touched on the challenges that are part and parcel with building large geographically and
How Healthy is Your Law Firm
As we conclude the first quarter of 2015 it occurs to me that now is a great time for law firms to conduct a quick self-assessment. Here are 5 areas that, if carefully analyzed, provide a preview of what the future may hold for your firm.
- Turnover, any unexpected turnover is a sign of potential
Law Firm Restructuring for Long Term Health: Yesterday’s Success Is No Guarantee For Tomorrow
The century plus old quote “success begets success” couldn’t be further from the truth. Today success only buys you the opportunity to survive to compete tomorrow.
Lest you think otherwise, the legal profession is no exception. The intensity of competition in our industry increases daily. The marketplace is littered with once highly successful law
Will Your Law Firm Improve in 2015?
As we enter the New Year, chances are good you’re dealing with a predictable slate of demands on your time: setting compensation and budgets; managing details associated with the latest departure; and interviewing this week’s lateral prospect. All important activities, and worthy of serious attention; but none of these is likely to make the
An Open Question About The Way We Choose Law Firm Leadership
Law firms around the globe are busy wrapping up 2014, and planning for what they hope to be a stronger 2015. (There is an issue with the way we tend to approach year end, but that is is a conversation for another day.) Amid the flurry of collection activities, compensation and budget debates and