Remaking News of the Week: Adam Smith Esq on BigLaw leadership

Remaking News of the Week: Baker Mckenzie nears $3b

25 years ago David Maister published Managing the Professional Service Firm

It’s 25 years since David Maister published Managing the Professional Service Firm (1993). I count myself fortunate to have a copy inscribed by David on my bookshelf. 

Recently, while preparing a presentation to professional services CMOs, I dipped into chapter 2, The Professional Firm Lifecycle and was reminded of the depth of David’s prescience on how meeting the range of clients’ needs profitably requires different business models.

Are young lawyers being ignored in the race for the future of legal services

The just-published College of Law (Australasia) report suggests young lawyers are being ignored in the race for the future of legal services. 

This conclusion is based on a report on aspects of the future of legal services which found there is a large overlap between “the legal work graduates don’t want to do anymore and what clients don’t want to pay for anymore“. One of the reports key conclusions is “Young lawyers have a keener finger on the pulse than most older lawyers, yet their talents are not being properly or fully used.” 

Remaking News of the Week: It’s a two-way street

Today’s Remaking News of the Week: It’s a two-way street reports an American Lawyer story by Dan Packel published on November 8, 2018 headlined It’s a Two-Way Street From Big Law to the Big Four.