by James Bailey | Jun 10, 2015
The world tends toward continuums. Hot and cold have warm and cool along the way. Big and small have all manner of magnitude in the middle. Even black and white have hues between. Winter, spring, summer, and fall represent varying points along a gradual scale...
by James Bailey | Mar 11, 2015
Is leadership the product of the person or the place? One camp says it’s the force of the individual. Through a combination of genetics and experience, some are leaders. And leaders act upon circumstances, make the market, revolutionize the industry, jump the trend....
by James Bailey | Feb 1, 2015
More jokes have been told about lawyers than any other professionals. But the business of law firms is no joke. $250 billion a year in the US, and Washington gets more than its fair share of the bounty. For the last 50 years law firms have done astonishingly well....
by James Bailey | Jan 10, 2015
Economics tells us that supply swiftly follows demand. If we need something, free enterprise ramps up to provide it. The operation of markets is a wonderful thing to behold. Efficient and effective, the system fills voids in a true and timely matter. Markets work...
by James Bailey | Nov 22, 2014
Congress is often accused of failing to execute the business of the nation either effectively or efficiently. This might be true when it comes to matters of legislation, but I’m not here to critique the machinations of party politics. A critical and yet overlooked...
by James Bailey | Nov 17, 2014
Law firms are big business, nationally and locally. In the United States, more than $250 billion a year is spent on legal services, and the Washington, D.C. region gets more than its fair share of that amount. The D.C. Bar has almost 50,000 active members, and around...
by James Bailey & Carl Lenord | Oct 15, 2014
The market for legal services will never be the same. The ongoing recession decreases demand for services and general counsel spending and increases price pressures from competition and clients. The munificence of yesterday is gone. Layoffs, hiring and promotion...
by James Bailey | Sep 22, 2014
Conventional wisdom holds that during tough times—such as today’s feeble, disheartening economic climate—the lines between right and wrong blur. Reliably decent people, whether on the street or in the boardroom, find the compromising conditions in which they live...
by James Bailey | Sep 13, 2014
(This paper was co-authored with Jon Raelin) When people say that organizational change scares them to death, they’re not kidding. Change means loss—whether it’s loss of colleagues, routines, or benchmarks. And loss reminds us of the ultimate one, life itself....
by James Bailey | Jul 22, 2014
To be in a state of grace is to be absolved of sin. To repent is to be exonerated, and to atone is to be pardoned. To err is human, and to forgive is divine. It is the most revered sacrament because it encourages us to look forward, not backward. Odd start for a...
by James Bailey | May 30, 2014
A spring morning in Washington. Walking home from dropping my son at preschool—just two blocks from home—and it started to storm. Scattered clouds and high winds conspired to violently burst into rain and thunder. Waterfall-like sheets poured and shuddering booms...