In the final installment in a series on strategy, Bill Henderson and Evan Parker outline the questions that firm leaders should ponder, thinking about where the firm is today, where it needs to go, and how best to get there.
Read MoreIn the second installment in a series on strategy, Bill Henderson and Evan Parker describe how firms can recapture market power and take market share by becoming best-in-class in a few practice areas that fit the needs of their clients.
Read MoreBill Henderson tells the story of how Steve Jobs led Apple to the greatest market share story in modern history by using the focus principle: starting with the needs of the customer and working backward to the technology.
Read MoreWritten shortly after the completion of a collaborative competition where professionals imagined a law firm of the future, this essay documents strategies that leaders may consider in a time when growth is dead.
Read MoreRevisiting an essay that predicted the ultimate demise of traditional large firms, Bill Henderson more fully describes a seismic paradigm shift and begins architecting institutions that better fit the needs of a new economy.
Read MoreWhen Dewey & LeBoeuf collapsed in 2012, many speculated that the firm's failure was the result of greed, but this article claims that argument does not take into account the larger structural problems affecting US firms.
Read MoreResearch shows that the single best predictor of success and satisfaction as a lawyer is to become truly client focused. In this article, Bill Henderson suggests resources for lawyers to become more client focused.
Read MoreBeginning with the framework established in a 1991 book that documented the relentless growth of large US firms and drawing on empirical evidence, Bill Henderson updates the account of the modern large law firm.
Read MoreDrawing upon a dataset of Am Law 200 firms, this study documents that average profits per equity partner are higher in single-tier partnerships, even after controlling for geographic market segment and firm leverage.
Read More