Remaking News of the Week: Traditional law firms must adapt or die

Legal Futures recently headlined Traditional law firms must adapt or die, tech GCs warn. 

The interview reported the use of what some might call melodramatic language, like ‘inertia’, ‘still stacking meetings with lawyers’, ‘unless BigLaw adapts to the way agile providers are doing things, they’re on their death bed’ and ‘they need to change their (business) model’.

The GCs head the legal functions in Monzo, Transferwise and Revolut– all tech companies. They are exposed on a daily basis to tech- and business model-based innovation in the early stages of the life cycle. As such, their voices are portents for BigLaw.

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Remaking News of the Week: GCs show their colours

Remaking News of the Week: GCs show their colours covers a post by  titledGeneral counsel stand up to improve the legal talent supply chain’.

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Remaking News of the Week: Canadian business is turning away from BigLaw

I re-phrased the headline of this week’s Remaking News of the Week to read Canadian business is turning away from BigLaw because, like some others, I find the reference to ‘alternative legal service providers’ in the source of the news an anachronism.

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In Tune With the Future: College of Law Practice Management

The College of Law Practice Management presents In Tune With the Future, a conference focused on demonstrating how the future of legal practice has already arrived.

The conference will take place in Nashville on 24-25 October 2019, featuring 40+ experts presenting examples of the future in practice today.

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Remaking News of the Week: Cole Silver’s timely statement of the obvious

In Remaking News of the Week: Cole Silver’s timely statement of the obvious says: “Clients put food on your table and they’re the reason you exist. Having a client centric leadership is the key to driving superior performance and a competitive advantage” (LinkedIn).

One might well ask why make a statement like this newsworthy? Answer: Yes, it’s a self-evident truth, but still far from a reality for the majority of clients of BigLaw business model firms.

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