• EP #45 The UK Legal Market with Greg Jackson of PwC
    Nov 19 2024

    “I suspect in the UK we’re going to end up with some really deep, high-quality verticals…as opposed to lots of law firms having components,” says today’s guest Greg Jackson, Director of Law Firm Strategy and Transformation at PwC, who joins The Future is Bright to discuss this and many more predictions he has for the future of UK law firms. Along with co-hosts Chris Batz and Howard Rosenberg, Greg will compare UK firms to their American counterparts in terms of economics, leverage, rates and utilization, pay and expectations at the partner level, as well as yearly hours. He will explain why he’s changed his view—however slightly—on the idea of growth for growth’s sake, how the UK legal market is changing—including a particularly important one—and his advice for mid sized firms.

    He will also explain how Alternative Business Structure will affect the UK model going forward and why U.S. outbound work to Europe is so important. He’ll predict whether or not the UK will adopt a hybrid model, marrying innovation with tradition, as well as what to do when you’ve been on a steady upward trajectory for a sustained period of time, and the issue that keeps his clients up at night.

    What is the one thing that U.S. law firms do better than those across the pond? Join today’s episode of The Future is Bright to find out.

    Quotes

    • “One of the projects that I always encourage clients to do—and I did in my old world—was, How do you situate your exec or board in a ten percent off the top line reduction? Whether hours or price or some combination of the two? Situate yourself in that issue and think, ‘What can we do about cash? What do we do with our clients? What work do you want to hold on to that we’re willing to go for a downward cycle, even if it’s painful?” (7:01 | Greg Jackson)

    • “I don’t know how this is played out in the U.S., but in the UK, in particular in the last 12 months, there have been a number of quite bad well-being incidents that have happened which have caused firms to really think about, ‘How do you connect utilization into an understanding of what people are doing?’ It can be quite hidden, to your point, big hours, etc.” (14:58 | Greg Jackson)

    • “When you think of what’s coming in terms of technology investment, lawyer salaries, the need to be more international and cope with more complex regulatory environments to operate in the U.S./UK, I just see a world in which you need more scale.” (19:47 | Greg Jackson)

    • “I suspect in the UK we’re going to end up with some really deep, high-quality verticals…as opposed to lots of law firms having components.” (24:22 | Greg Jackson)

    Links

    Connect with Greg Jackson:

    LinkedIn Profile: https://www.linkedin.com/in/greg-jackson86/

    Connect with Howard Rosenberg:

    LinkedIn profile: https://www.linkedin.com/in/hrosenberg/

    Company web profile: https://www.baretzbrunelle.com/howard-rosenberg

    Connect with Chris Batz:

    LinkedIn Profile: https://www.linkedin.com/in/chrisbatz/

    LinkedIn Company page: https://www.linkedin.com/company/columbus-street/

    Columbus Street website: https://www.columbus-street.com/



    Podcast production and show notes provided by HiveCast.fm

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    44 mins
  • EP #44: A Law Firm Merger of Equals with Scott Kadish and Kevin McLaughlin
    Nov 5 2024

    “We wanted it to be a true merger of equals,” says Scott Kadish, who, along with Kevin McLaughlin, are Co-Managing Partners at the newly merged UB Greensfelder. On today’s episode of The Future is Bright, the two men talk to host Chris Batz about what can happen when two firms marry their considerable strengths to make themselves even more competitive and able to take on bigger, more complex work. It’s not an overnight process. It’s the result of long, thoughtful considerate discussions, where all concerns and needs are met, responsibilities are divided fairly and sensibly, and where care is taken to make sure that all employees not only survive the merger, but are placed where they will be most successful.

    Even the new name UB Greensfelder was formed as the result of conscientious talks to ensure that neither firm felt that they were being acquired, but rather were moving forward together. While no merger is without its surprises, perhaps what’s most surprising was how genuinely compatible the firms felt with each other.

    Today’s discussion reflects what a genuinely pleasant experience this merger has been for both parties and what can happen when two powerful entities treat each other with mutual respect and are thoughtful down to the smallest details.

    Quotes

    • “Both firms were really coming at this from positions of strength…Both firms were recognized for their work in a number of different practice areas, diverse practice areas…We came together because we thought we’d be better together—we’re seeing that happen—not because we thought we were in desperation mode.” (5:14 | Kevin McLaughlin)

    • “Neither of us wanted to feel like we were being acquired. We wanted it to be a true merger of equals and that required a discussion about, ‘How do you do this and how do you do that?’ Every single policy. And it was a discussion—we use that word intentionally—because it wasn’t a negotiation…We also agreed—and I think this is key—that we were just going to try to figure out the best way to do it, the best practice, for everything.” (12:56 | Scott Kadish)

    • “I think it’s because of the length of time that we were talking that there really weren’t any significant surprises. Conflicts—our general counsel, at one point he said to me, ‘I am shocked at how few conflicts we’re having.’ And especially we didn’t have any what I would call ‘material conflicts’…in terms of impacting the overall firm, not really at all.” (29:44 | Kevin McLaughlin)

    • “The merger will really be successful if people develop new relationships and new contacts. Otherwise, if they’re stuck in the same place and they don’t reach out and develop these…then their practice is not going to be affected by the merger. But this is a unique opportunity to grow your client base and grow your business with people who you’ll enjoy practicing with.” (33:22 | Scott Kadish)

    Links

    Connect with Scott Kadish:

    Website bio https://www.ubglaw.com/scott-p-kadish

    LinkedIn profile https://www.linkedin.com/in/scott-kadish-3679a04/

    Connect with Kevin McLaughlin:

    Website bio https://www.ubglaw.com/kevin-t-mclaughlin

    LinkedIn profile https://www.linkedin.com/in/kevin-mclaughlin-27703a8/

    Connect with Chris Batz:

    LinkedIn Profile: https://www.linkedin.com/in/chrisbatz/

    LinkedIn Company page: https://www.linkedin.com/company/columbus-street/

    Columbus Street website: https://www.columbus-street.com/



    Podcast production and show notes provided by HiveCast.fm

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    40 mins
  • EP #43: How Corporate Law Firms Want to Grow with Chris Batz and Howard Rosenberg
    Oct 22 2024

    “Teams and groups are much harder to pull off. The degree of difficulty is a challenge. There’s a real prize if you get it right,” says co-host Howard Rosenberg as he and Chris Batz dig into the complexities of law firm growth through team acquisitions. They emphasize the strategic advantage of acquiring teams rather than individual hires. It’s a more challenging process, but the rewards—stronger firm cohesion, better retention, and a lower risk profile—make it worth the effort.

    Chris notes that many firms are now open to making bold moves, like doubling their size through mergers. But both hosts point out that the real test is in integrating these new teams into the firm’s culture and structure. What makes for a smooth transition? They agree that a clear plan, strong leadership, and a compelling market story are essential. For any firm aiming to grow, this episode serves as a reminder that success lies in more than just closing the deal—it’s about executing a thoughtful, sustainable strategy.

    Quotes

    • “If a law firm leader can do 10 onesies and twosies over the course of 12 months, that’s going to create some runway. That’s going to make it happen. But teams and groups are much harder to pull off. The degree of difficulty is a challenge. There’s a real prize if you get it right, but again, there’s a lot more work involved in pulling together a team. The team has to go together, and the conflicts have to be resolved.” (00:50 | Howard Rosenberg)

    • “Everyone wants a team or a group because it lowers the risk profile of doing these deals in the marketplace. They have a better traction rate in terms of… They don’t stick around for a lot longer. They’re embedded in the organization. They don’t leave as easily. There are obviously integration issues, but with the onesies and twosies, a lot of management time is spent just bringing those people to the line.” (01:24 | Howard Rosenberg)

    • “I think firms need to be focused and strategic, but they also need to be open-minded about how they go about that process.” (05:11 | Chris Batz)

    • “For firms to remain competitive, they have to think in larger acquisition sizes. But I respect firms that don’t have a desire to grow in dramatic ways. Continuing to do what they’ve done because it works for them is fine but the competitive landscape is changing.” (13:56 | Chris Batz)

    Links

    Connect with Howard Rosenberg:

    LinkedIn profile: https://www.linkedin.com/in/hrosenberg/

    Company web profile: https://www.baretzbrunelle.com/howard-rosenberg

    Connect with Chris Batz:

    LinkedIn Profile: https://www.linkedin.com/in/chrisbatz/

    LinkedIn Company page: https://www.linkedin.com/company/columbus-street/

    Columbus Street website: https://www.columbus-street.com/



    Podcast production and show notes provided by HiveCast.fm

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    16 mins
  • EP #42: Super Star Laterals and $20 Million Dollar Paychecks with Chris Batz and Howard Rosenberg
    Oct 8 2024

    “This is really new territory that is going to challenge the way some of these law firms are run and how the industry responds to that going forward over the next couple of years,” says co-host Howard Rosenberg. In this episode, Howard and Chris Batz dive into the rising trend of superstar law partners landing eight-figure salaries and the major impact it’s having on firm management, client relationships, and talent acquisition.

    As these high-profile lateral hires bring in up to $20 million, firms are being pushed to rethink compensation models and operations. Howard shares insights from his recent trip to London, where law firm leaders voiced mixed reactions. Some are worried about staying competitive, while others are dealing with pay scale compression, affecting both junior and senior attorneys. Could this shift spark a major overhaul in how firms operate and structure their fees?

    The episode also looks at how technology, artificial intelligence, and market changes might shape the legal industry in the coming decade. Will firms adapt to these shifts, or face disruption? It’s clear the legal landscape is at a turning point.

    Quotes

    • “This is really new territory that is going to challenge the way some of these law firms are run and how the industry responds to that going forward over the next couple of years. I think that’s really exciting. It is what it is; it’s not going to change, but how firms deal with and respond to it is an open book.” (01:09 | Howard Rosenberg)

    • “You have these firms hiring outrageous talent, entire teams following them, and the market consolidating with specialists going to the high-rate firms, leaving these 600-plus firms holding the bag. They are now forced to make really difficult decisions. It’s amazing to see the effects of COVID, the expectations for first-year associate salaries skyrocketing—what, $215k now, I believe—and this new superstar level of talent is taking material percentage points of revenue away from firms to platforms that can truly resource them in ways others can’t even come close to. So yes, it’s absolutely changing the game.” (05:49 | Chris Batz)

    • “I’m curious what the implications will be for new attorney hires and the junior partners who are looking at the ranks and wondering, ‘Where’s my future in this firm?’ And then there’s the vision coming from the leadership team as the firm continues to evolve, with such a huge, almost moon-like presence coming into the orbit of the firm, affecting the entire ecosystem.” (07:58 | Chris Batz)

    • “I think you’re going to see a whole change in the industry with technology coming on board, along with AI, talent, and pricing. All these ingredients are mixing in a way that will change the very dynamics of the industry going forward.” (11:00 | Howard Rosenberg)

    Links

    Connect with Howard Rosenberg:

    LinkedIn profile: https://www.linkedin.com/in/hrosenberg/

    Company web profile: https://www.baretzbrunelle.com/howard-rosenberg

    Connect with Chris Batz:

    LinkedIn Profile: https://www.linkedin.com/in/chrisbatz/

    LinkedIn Company page: https://www.linkedin.com/company/columbus-street/

    Columbus Street website: https://www.columbus-street.com/



    Podcast production and show notes provided by HiveCast.fm

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    12 mins
  • EP #41: Structured Strategy to Corporate Law Firm Growth with Chris Batz and Howard Rosenberg
    Sep 24 2024

    “For a lot of law firm leaders that I’m in contact with, this is their central challenge: to chart a path of sustained growth.” says new co-host Howard Rosenberg who joins co-host Chris Batz to continue their discussion about the best way for law firms to form, based on data and intelligence, a structured strategy approach to growth through acquisition.

    It's not easy, Chris explains, and requires discipline, long term thinking, and learning to “say no to the shiny objects.” Law firms remain people-first industry built on talent wherein, nonetheless, that very personnel tends to turn over quickly, among other daily changes and distractions.Therefore it’s important to form a well-defined, codified plan with solid parameters and to be able to communicate it clearly across the entire team.

    Join today’s discussion to learn why Chris says strategy is king and to hear Howard delve into the true meaning of growth.

    Quotes

    • “For a lot of law firm leaders that I’m in contact with, this is their central challenge: to chart a path of sustained growth. The question is, ‘Where do they do it? What practice areas get the investment and which people in those practice areas get the priority for either acquisitions or just time and attention because one thing can’t be done in isolation without understanding the rest of the firm. So, it’s a really complex equation, but it’s the route for growth.” (0:51 | Howard Rosenberg)

    • “Frankly, it’s strategy. It’s this idea of knowing what to say ‘no’ to and knowing what to say ‘yes’ to. This approach is structured, it’s intentional, and it’s avoiding the shiny objects that pull firms away from truly accomplishing their strategic goals.” (1:54 | Chris Batz)

    • “The most successful managing partners that I’m in contact with seem to realize they’re in the talent business. It’s a talent asset business, and the talent walks out the door every day and comes back in the morning, and I think you cannot grow without having the best people in the best seats within the law firm. And that changes your perspective about how you go for growth.” (7:58 | Howard Rosenberg)

    • “There’s a trade-off. Someone’s trading something when that’s taking place. I have clients who do it. Some of it has to do with size, frankly. For the smaller firms, it’s harder to dedicate time. Everyone’s got to be rowing the same way and have to be contributing to the bottom line. Again it goes back to this fun topic of ‘size matters.’ (10:02 | Chris Batz)

    • “Growth —what does that mean? I still come back to the definition of growth. It may not be purely revenue growth. It may be doing more interesting work or more sustained work that has less pricing variability…Every firm has to take this decision for themselves; it's not a cookie-cutter approach.” (11:23 | Howard Rosenberg)

    Links

    Connect with Howard Rosenberg:

    LinkedIn profile: https://www.linkedin.com/in/hrosenberg/

    Company web profile: https://www.baretzbrunelle.com/howard-rosenberg

    Connect with Chris Batz:

    LinkedIn: https://www.linkedin.com/in/chrisbatz/

    LinkedIn: https://www.linkedin.com/company/columbus-street/

    Columbus Street: https://www.columbus-street.com/



    Podcast production and show notes provided by HiveCast.fm

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    13 mins
  • EP #40: Streamlining Law Partner Recruiting with Data and Intelligence with Howard Rosenberg, Partner at Baretz + Brunelle
    Sep 10 2024

    “It’s not where I thought I was going to wind up, but it’s been a very, very fulfilling journey,” says Howard Rosenberg, today’s guest—who will be joining Chris Batz as co-host—on The Future is Bright podcast. On this episode, Howard recalls his journey from graduating from the prestigious Rhode Island School of Design with a degree in architecture, to finding himself unexpectedly working in corporate law after graduating from Cambridge University in the UK with an MBA. Though they may seem worlds apart, Howard has learned that each field is ultimately concerned with people and finding the best way to solve problems.

    Howard describes his time at the firm which was then known as Berwin Leighton Paisner where he had a “ringside view” as to just how mergers worked. He describes what it was like to use technology to advance the drafting of contracts just as the internet was taking off, and how this led to his role as CEO of Be Professional, which handled compliance work for small businesses, a collaboration with global consulting firm Deloitte, and the first company founded by both a law firm and a Big Four accountants and practice company.

    In keeping with his people-centered business practices, Howard is currently Partner and Head of Talent Intelligence and Acquisitions at Baretz+Brunelle, where he helps firms learn the most about potential partner recruits to ensure they’re betting wisely on the future success of their firm. He explains his “money ball” analogy which has gotten attention lately in the press, and whether or not he is the Billy Bean of lateral partner recruiting.

    Quotes

    • “I think the skillset is completely different. It’s all about people, but I think lawyers come to the table who are very intellectually gifted individuals. Dealing with architects is a creative kind of endeavor. They’re kind of chalk and cheese, but they’re trying to get things done, they’re trying to solve problems.” (04:01 | Howard Rosenberg)

    • “That’s what’s interesting about my career, even going to architecture school: it’s all transferable skills about learning how to solve problems, it’s just that I do it in a visual way, and now in the business community, I’m kind of rewarded from a strategy/BD perspective about helping clients solve their problems around talent acquisition…It’s all been a very interesting journey. It’s not where I thought I was going to wind up, but it’s been a very, very fulfilling career journey today.” (04:24 | Howard Rosenberg)

    • “Of all those roles that I was involved in, all those great people, for me it always came down to the people. And I saw firsthand how interesting and challenging it was to invite law firm partners to join the partnership through the lateral acquisition process and I thought there had to be a better way to streamline this process.” (11:20 | Howard Rosenberg)

    • “You’re betting. These people are not inexpensive. You’re betting the future reputation of the firm on a handful of people that could really move the dial in a practice area and a geographic location. And I think the time has come that firms can do this; they see talent as an asset class, and that’s totally new territory.” (15:15 | Howard Rosenberg)

    Links

    Connect with Howard Rosenberg:

    LinkedIn profile: https://www.linkedin.com/in/hrosenberg/

    Company web profile: https://www.baretzbrunelle.com/howard-rosenberg

    Connect with Chris Batz:

    LinkedIn: https://www.linkedin.com/in/chrisbatz/

    LinkedIn: https://www.linkedin.com/company/columbus-street/

    Columbus Street: https://www.columbus-street.com/



    Podcast production and show notes provided by HiveCast.fm

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    18 mins
  • EP #39: Building Distinctive Brands with Gary Singer, Chief Strategy Officer of Kobre & Kim LLP
    Jul 16 2024

    “What makes your brand unique is a combination of tangible and intangible things,” explains Gary Singer, Chief Strategy Officer at Kobre & Kim LLP, who joins The Future is Bright podcast. Gary shares the remarkable story of driving the Altoids brand, which was virtually unknown outside the United States, to astronomical sales. In today’s episode, he discusses his unique approach to branding, which he calls “meaningful differentiation,” and explains the “outside-in” approach that has contributed to his success.

    Many entrepreneurs focus on themselves and the ‘what’ they offer consumers, but Gary emphasizes the importance of focusing on ‘who’—identifying a need and learning how to fill it. He shares how, during research for Altoids, they created a target customer named Dan and even had consumers write obituaries for the product to gauge emotional connections.

    Gary brought his unique branding approach to the law firm Kobre & Kim LLP. Learn about the innovations happening there and why Gary believes the hardest choice is what to say no to.

    Quotes

    • “As the product management industry matured, agencies became more and more focused on the creative side and a little less focused on the strategy side. So that’s when I decided I didn’t feel like I continued to have a big enough seat at the table. So, made the switch to McKinsey as a partner, as a direct-to-life partner focused on financial service institutions. And there the idea was the intersection of the creative thinking that I had done at an agency with the linear analytic part of me that came from places like University of Chicago.” (3:59 | Gary Singer)

    • “Brand is your unique collection of tangible and intangible benefits. In my mind, for a brand to matter, it needs to communicate meaningful differences versus the alternative. So, if Brand A and Brand B are identical, then the brand doesn’t matter, because I have the same tangible and emotional connections to both of them.” (13:24 | Gary Singer)

    • “There’s a little bit of Dan in all of us. I’m a lot older than 26 right now, but I still would like to be a college kid with resources, and that’s what appealed to this broad group of people. As it’s become more and more of a mass brand, I think it’s losing Dan a little bit and it’s trying to appeal to everybody and maybe losing a little bit of its magic.” (16:52 | Gary Singer)

    • “Strategy is making choices and the hardest choice to make is the choice of what you’re not going to do.” (26:32 | Gary Singer)

    Links

    Connect with Gary Singer:

    LinkedIn: https://www.linkedin.com/in/garyisinger/

    Law Firm web profile: https://kobrekim.com/people/gary-singer

    Columbia Business School Professor website: https://business.columbia.edu/faculty/people/gary-i-singer

    Connect with Chris Batz:

    LinkedIn: https://www.linkedin.com/in/chrisbatz/

    LinkedIn: https://www.linkedin.com/company/columbus-street/

    Columbus Street: https://www.columbus-street.com/



    Podcast production and show notes provided by HiveCast.fm

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    30 mins
  • EP #38: Recruiting the C-Suite for Corporate Law Firms with Jennifer Johnson of Calibrate
    Jun 25 2024

    As the legal profession evolves, the importance of C-suite executives in law firms is rising. Jennifer Johnson, CEO of Calibrate, shares her vision for a future where these executives are equal to managing partners and report to a board.

    Calibrate is a management consulting and executive search firm that places top talent in essential C-suite roles within corporate law firms, freeing lawyers to focus on their practice. Jennifer sees these “revenue enablers” as vital for providing the business expertise needed to navigate the industry’s significant changes and challenges.

    In this episode of The Future is Bright, Jennifer talks with host Chris Batz about the current state of leadership in the law firm industry, the recruiting process and more. She also shared a personal story of triumph sure to encourage anyone faced with life challenges.

    Tune in to hear her inspiring story and several insights for Law Firm executives!

    Quotes

    • “The candidates we present to our clients understand a law firm's business and not just their subject matter expertise. They know how to apply that and then work across the business. And, that’s been a breath of fresh air for a lot of law firm leaders.” (4:18 | Jennifer Johnson)

    • “They really do want to practice law, the lawyers, for the most part, that’s what they want to do. So, bringing in these business professionals to help them run the business with them and for them is the smartest thing any of them could do. The day of running law firms by committee and total consensus—I’m not sure you can do that anymore and survive at the rate and pace of change that’s happening.” (11:32 | Jennifer Johnson)

    • “Just because somebody is really good at making rain, it doesn’t necessarily mean they’re going to be the best leader.” (16:15 | Jennifer Johnson)

    • “At the end of the day, your lawyers are your salesforce. You’ve got a salesforce that are not trained to be salespeople.” (19:58 | Jennifer Johnson)

    Links

    Connect with Jennifer Johnson:

    LinkedIn - https://www.linkedin.com/in/jenniferjohnsoncalibrate/

    Website - https://calibrate-strategies.com/about-calibrate/calibrate-team/jennifer-johnson/

    Connect with Chris Batz:

    LinkedIn: https://www.linkedin.com/in/chrisbatz/

    LinkedIn: https://www.linkedin.com/company/columbus-street/

    Columbus Street: https://www.columbus-street.com/



    Podcast production and show notes provided by HiveCast.fm

    Show more Show less
    25 mins