President / Adam Smith, Esq.
A lawyer and consultant to law firms on strategic and economic issues, Bruce is President of “Adam Smith, Esq.” (AdamSmithEsq.com), which provides management consulting services on the business and economics of law firms in a wide array of markets worldwide. Since the company’s launch in late 2003, nearly 1,500 articles have appeared on “Adam Smith, Esq.” covering such topics as strategy, leadership, globalization, M&A, finance, compensation, cultural considerations, and partnership structures.
Past consulting engagements have included developing strategic plans for offices, practice groups, and firms as a whole; pre-merger due diligence and post-merger integration; strategies for re-conceiving associate career paths; alternative and strategic billing; and advising on the consequences of the economic “Great Reset” as well as the trend towards increasing segmentation among firms in every sector of the market.
Bruce has written for or been quoted in: Fortune; The Wall Street Journal; The New York Times; The Washington Post; Bloomberg News/Radio/TV; Business 2.0; The International Herald Tribune; The National Law Journal; The ABA Journal; The Lawyer; and other publications too numerous to mention. He is a sought-after speaker and frequently appears at law firm retreats and legal industry conferences domestically and overseas.
Bruce is a Fellow in the College of Law Practice Management, “formed to honor and recognize distinguished law practice management professionals [and to] inspire excellence and innovation by honoring extraordinary achievement.”
Previously, Bruce practiced securities law in-house for nearly ten years at Morgan Stanley/Dean Witter; and practiced litigation and corporate law with Shea & Gould and with Breed, Abbott & Morgan in New York.
Bruce was educated at Princeton University (BA magna cum laude in economics), at Stanford Law School (JD), and completed the MBA coursework at NYU’s Stern School of Business (evening program). A native Manhattanite, he lives on New York’s Upper West Side with his wife and their dog.