Remaking news of the week: London law firm incuabtors

Remaking the news of the week is a new feature on Dialogue. Each week I will write circa 100 words why the chosen item is, in my opinion, newsworthy in a Remaking Law Firms context.

Appropriately Remaking the news of the week kicks off citing Bob Ambrogi‘s report in Above the Law on three BigLaw firms that are variously pioneering and supporting lawtech startups.

New Book: What’s Your Digital Business Model?

Today I am unabashedly recommending What’s Your Digital Business Model?, a new book by Peter Weill and Stephanie Woerner. Chairman and Senior Research Scientist at MIT’s Center for Information Systems Research, Peter is regarded as the leading researcher and thinker in this space – and he is also my friend and former colleague at Melbourne Business School.

Watch the video, buy What’s Your Digital Business Model and accelerate your organization’s digital journey.

De-equitization is the elephant in the room in BigLaw’s profit distribution

Update: NewLaw firm combo intends to halve corporates’ legal spend

For the first time, three luminaries who appear on Dialogue are featured in the same story by legendary Bob Ambrogi on the equally renowned Above the Law website.

Bob reports on the formation of ElevateNext, an innovative partnership designed to comply with the US’s ethical rules and enable those who are not lawyers to invest in the provision of technology-based and process-related services bundled with legal services to corporate law departments.

Mid-market law firm brouhaha

Mid-market law firm brouhaha is my stream of consciousness arguing the illogicality of the concerns about the thinning ranks of mid-market firms.

Dictionaries define brouhaha as a noisy and overexcited reaction to something. That, in my opinion, is exactly what happens every time a mid-size (aka mid-market) firm ‘merges’ with larger, often international, firm.