From the Sacramento Business Journal today:

Law firm confidence index drops to record low

Excerpt:

Confidence in the economy among managing partners at large law firms nationwide hit new lows in the first quarter, according to the latest research from the Citi Private Bank Law Firm Group in New York City.

I recommend three

PUNCHLINE:  (yes, I’ll start with it) Managing Partners: I don’t think you should downsize now unless you absolutely have to.  It’s a rough world out there – you should have cut the underperformers a long time ago.  BUT, if you HAVE TO, if you MUST, then learn from one of the most successful and business savvy people out there, Guy Kawasaki – read 

Managing Partners, you may have a disaster plan for fire, perhaps for terrorism – do you have one for the economic train coming off the tracks?

Listen (and watch) what Greenspan said yesterday Sept 14th (50 seconds)

Punchline:  You are getting fair warning – are you acting on it?  This is not a time

http://www.vimeo.com/moogaloop.swf?clip_id=1056137&server=www.vimeo.com&show_title=1&show_byline=1&show_portrait=1&color=00ADEF&fullscreen=1Tom Peters on the Definition of Leadership from Tom Peters on Vimeo.

Whether you are Firm Chair, Managing Parter, Practice Group Leader, Industry Group Leader or Client Team Leader, I believe 3 minutes and 53 seconds will prove a useful catalyst for your thought. 


General Mills’ Roderick Palmore

According to Roderick Palmore, executive vice president, general counsel and chief compliance and risk management officer at General Mills Inc:

"The statistics speak for themselves.  They say our progress in the profession has been disappointing."

Attention Managing Partners:

More than 100 general counsel executives of Fortune 500 companies and managing partners


The New York Times Business section included an article yesterday called:  For Lawyers, Perks to Fit a Lifestyle.

The article alluded to a variety of perks including money, candied apples, milkshakes, car discounts, valet services, wine, office parties, in-office gourmet meals on silver platters, nap rooms, child care, emergency nanny services, sabbaticals and even


Is the UK’s wealthiest man also its wisest?  If you have about 1/2 hour to sit in on a fascinating conversation with Sir Richard, head over to Adventures in Strategy, my Edge colleague and friend, Robert Millard’s blog post: Richard Branson on Life, Succeeding in Business and Everything
(Recorded March 2007 in Monterey, California. Duration:

Recipe for disaster: secrecy, unfair competition, deteriorating culture and even a partnership agreement that did not foresee that it was too generous to departing partners if more than a handful left at a time…

Joanna Pachner of Canada’s highly respected publication,  Financial Post Business, writes in detail today about how and why the highly respected