Very few businesses have the same competitive strategy year after year. Your business and the market are constantly evolving, with new companies and products entering the arena all the time. Your ...

"A more concentrated equity structure gives firms more room to compensate star partners or attract major rainmakers, ...

To be successful, a professional services firm needs to go where the money is. In other words, a business that provides services such as accounting must find a market that needs and is willing to pay ...

[By Ben Gilad, Ph.D, part two of three in LMA's “Doing CI Right in the Law Firm” series. Click here for part one; stay tuned for the third.] As the corporate world moved from tactical information to ...

Consumers enter the market both with specific preferences and, just as important, specific perceptions. The economic model of competition called "monopolistic competitive" is a fairly complex ...

Schwab Advisor Services has released an update to its 2022 RIA Benchmarking Study exploring how registered investment advisors are compensating staff in an effort to attract and retain the industry’s ...

Kirkland’s growth hasn’t made competitors irrelevant. Instead, it has driven strategic changes that have made the industry ...

Bain Capital, with $160 billion in assets, is one of the largest private, private equity firms. Despite many of its peers going public, like TPG earlier this year, Bain has no immediate plans to join ...

Opinion: Accounting firms that want to stay independent while taking on private equity investments risk their client base.

Growing to full service can provide midsize firms with a competitive advantage. Lawyers said midmarket clients like to rely on firms for all of their legal needs. The challenge of growing to full ...