The General Counsel Revolution
The General Counsel Revolution is the subtitle of The Future of the In-house Lawyer: The General Counsel Revolution, edited by Richard Tapp and published earlier this year by the Law Society in London. This book’s significance lies in its timing, breadth of coverage and demonstration of the now indisputable, permanent power of in-house lawyers in the legal services supply chain.
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Acceleration in the pace of change
Acceleration in the pace of change was the theme earlier this month at the Law Firm Leaders Forum in NYC. Ralph Baxter, Chairman of the Thomson Reuters’ Legal Executive Institute (which sponsored the Forum), opened a panel discussion with pithy observations and opinion. I paraphrase; the full text is here.
Read MoreOne of the last bastions of the old world
In his review of Remaking Law Firms in the Journal of the Law Society of New South Wales, Justin Moses refers to the traditional law firm as ‘one of the last bastions of the old world’. Read what the Head of Knowledge & Development: Compliance, Legal & Secretariat at the Westpac Banking Corporation has to say.
Read MoreABA honours Remaking Law Firms with three major reviews
On its ShopABA page, the ABA honours Remaking Law Firms: Why & How with three major reviews, one from each of the UK, Spain and the US. Read why Barry Wilkinson, Dr Eva Bruch and Bruce MacEwen commend Remaking Law Firms to law firm leaders.
Read MoreHow BigLaw and NewLaw are entering the vernacular
Stories in today’s Lawyers Weekly are a pointer to how the terms BigLaw and NewLaw are entering the vernacular. Coined as neologisms to capture the essence of two types of business model for the delivery of legal services, BigLaw and NewLaw are becoming entrenched, at least in some parts of the ecosystem.
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