On the Future of Law Departments

Today Dialogue is pleased to publish this piece on the future of law departments by Ken Grady. Increasingly clients are leading change in the way they meet their legal needs.  We move forward by challenging the way things are today.

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Posted by on Aug 26, 2016 in Business models, Law departments | 1 comment

Partners cannot say they weren’t warned

In Partners cannot say they weren’t warned Barry Wilkinson reviews of Remaking Law Firms: Why and How?, a book which looks ahead at the changing shape of the legal services market, and predicts a future in which the business models of successful law firms will have changed significantly.

Remaking Law Firms should be standard reading for anyone who is, or intends to be a partner (or owner) in a law firm of any substance in the next 10 to 15 years, putting their own money at risk. It is mainly directed at large commercial firms (BigLaw) but it has implications for firms of all sizes.

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Posted by on Aug 20, 2016 in BigLaw firms, Book review, Business models, Remaking Law Firms book | 5 comments

How 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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Posted by on Aug 10, 2016 in BigLaw firms, Business models, NewLaw business models | 1 comment

There is a major ‘squeeze’ on the law firm business model and it is not going away

“There is a major ‘squeeze’ on the law firm business model and it is not going away” is the title of an inimitable Edwin Reeser piece.

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Posted by on Aug 3, 2016 in BigLaw firms, Business models | 0 comments

BigLaw will remain and flourish

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Posted by on Jul 28, 2016 in BigLaw firms, Business models | 3 comments

The Jenga Don’t Lie: BigLaw Relies on the Whole of its Parts

The Jenga Don’t Lie: BigLaw Relies on the Whole of its Parts was first published in the Ontario Bar Association’s JUST. ‘Debatable’ column on June 16, 2016. Managing Editor, Catherine Brennan, introduces the piece as a perspective on an issue “that has boiled the blood of many a lawyer in recent years and has challenged our fundamental perception of our vocation: Is ‘Big Law’ dying or here to stay?’” Read why Mitch Kowalski says ‘Yes’.

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Posted by on Jul 25, 2016 in BigLaw firms, Business models | 0 comments