When I meet new people, it’s hard to explain what I do for a living so I just say “I’m a business strategist for law firms”. At that point, they either really want to know what that means, or they really don't. For the curious, I’ve recently started to explain the story of Steve Ballmer [...]
Through a recent podcast featuring 24-year-old Harvard-educated author Adam Aleksic on the influence of internet language, I was reminded of the incredible speed of change we are all now facing. Take, for example, use of the phrase “unalive” as a way of saying “dead” which might result in algorithmic censorship. Similarly, a watermelon now represents [...]
I live in Canada, but as a strategist, I’m fascinated by the lessons arising from the recent election down South. Specifically, I was shocked by how divided America is between two radially different ideologies. Honestly, they couldn’t be more different. And we’re facing the same thing in Canada. In BC, where I live, we recently [...]
Biden held onto leadership as long as he could. But when it became apparent that he had lost the faith of his party, and that he couldn’t possibly beat Trump in the Presidential election, he was convinced to step down. There can be tremendous strength in quitting a strategy, and trying something different. Lawyers, and [...]
I recently heard about this theory from the tech world, but I think it has relevance in the legal environment, as well. When a business first starts, it aims to produce a product or service that its members can feel good about. They want to be proud of what they have created, and the service [...]
(This article first appeared in SLAW). The other day, an international client of mine thinking about re-entering the Canadian marketplace asked me why there was so little loyalty in Canadian law firms these days. He was referring to the amount of lawyer churn in most law firms. I don’t believe this issue is limited to [...]
(This post first appeared in SLAW). I provide a wide range of services to law firms, so I can always tell what’s happening in the industry by the run on certain types of services. Sometimes I seem to do nothing but coaching; lawyers wanting to improve their personal skills in a range of business areas. [...]
I’ve received several requests to outline a good pathway to Partnership. (I’m referring here to Equity Partner). A pathway is critical because there are a lot of lawyers (and owners) set to retire in the coming ten years. Properly preparing for Partnership and being prepared to run what is often a multi million-dollar business was [...]
I was recently asked how a law firm management philosophy relates to the strategic planning process. It was a great question, because how we manage a firm (or plan to manage a firm) must either be aligned with firm culture, or set out to consciously adjust firm culture. So how we plan sets the tone [...]
In my last post, I talked about predicting our shifting client base. Today I’m going to touch on the shifting demographics of our talent pool – lawyers and staff. I’ve been researching demographic shifts in the US for a client, and came up with some surprising statistics. For example: For the next 20 years in [...]