@PwC makes a game-changing move in legal services

This is how I tweeted it: “@PwC makes a game-changing move in legal services ow.ly/anzX30a7qOz Managing half GE’s global tax requirements”. The article cited in the link was published in The Lawyer on March 20, 2017 (paywall). It begins: “You can’t fault PwC’s chutzpah.”

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Ten Things I’d Do Differently as a Law Firm CEO

Tim Corcoran first published Ten Things I’d Do Differently as a Law Firm CEO on his blog in March 2013. Re-reading Tim’s illuminating views reminds me plus ça change, plus c’est la même chose. Most (well, at least most observers) now agree the biggest challenge facing BigLaw business model firms is change management. Tim focuses our minds on actions top leaders can take to enable firms to cope better with the increasingly tough external environment.  It’s no surprise that after four years, Ten Things I’d Do Differently as a Law Firm CEO remains the top rating post on Tim’s blog.

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LPM, a vital business development tool lawyers are ignoring

LPM, a vital business development tool lawyers are ignoring is the first post on Dialogue by Pam Woldow and Doug Ricardson. They start with a parental admonition: Eat your damned vegetables. What’s the matter with you?  Don’t you know what’s good for you?  

I am particularly pleased that their vital message and its timing resonates with a recent keynote address I delivered to 300 leaders of professional services firms in Australia and New Zealand (1). 

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New insights into equity profit shares in US BigLaw firms

“The topic of equity profit shares can bring more tears than working with an onion.” 

Ed’s views on a recent (February 27, 2017 ) American Lawyer article shed additional light on one of the first open commentaries by (BigLaw) firm leaders about the changing landscape of equity partner compensation. The topic is complex and nuanced in ways that are much deeper than any one article can cover. The real value is that finally it is being talked about in a more open and honest way than ever before, and that is a good thing. But a lot churns just below the surface, and isn’t discussed in the article by firm leaders, for understandable reasons.

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Resolving the prioritisation crisis in BigLaw firms

Resolving the prioritisation crisis in BigLaw firms is a reflection on the approaching first anniversary of the publication of Remaking Law Firms: Why & How

In some ways, I wish I had read Zone to Win: Organizing to Compete in an Age of Disruption, Geoffrey Moore’s recent book while researching the content for Remaking Law Firms (1).  On the other hand, it’s pleasing to have come to much the same conclusions as Moore about the urgency in resolving the prioritisation crisis, in my case the crisis faced by BigLaw firms.

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Tomorrowland – another wake-up call to BigLaw

Bruce MacEwen’s (aka Adam Smith Esq) latest book, Tomorrowland, is another wake-up call to BigLaw firms. Subtitled ‘Scenarios for law firms beyond the horizon’, Tomorrowland has clearly caught the attention of some BigLaw leaders, if the early reactions are a gauge.

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