Beaton argues that the “small-equals-struggling” narrative attributes certain challenges to the mid-market, which are, in fact, challenges faced by all law firms. In this scenario, he argues, it’s not the size of the firm that matters but the way it delivers its services.
Relationships 3.0: The “Idea Relationship” era
In Relationships 3.0: The “Idea Relationship” Era Mike O’Horo argues the “sales funnel” has been replaced by the “buyer journey,” a conversation that is increasingly on the buyer’s terms.
Read MoreWhat’s on clients’ minds
After a break, Aric Press is back in Dialogue with What’s on clients’ minds. My partners and I have spent the last three years talking to hundreds of law firm clients. And we have good news and bad news to report.
Most clients like and appreciate the work they get from their outside firms, but only a minority told us that they were “very satisfied” by their outside lawyers. We heard heartwarming praise—“They were in the foxhole with me”—and the familiar “too” complaints: too expensive, too inefficient, too slow to change.
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Do clients prefer lawyers who are hedgehogs or foxes?
Ken Grady leads today with his intriguingly titled post: Do clients prefer lawyers who are hedgehogs or foxes? Refresh your memory about Archilochus, the Greek lyric poet (c. 680-c. 645 BC), famous for his poetry fragment: “The fox knows many things; the hedgehog one big thing” – Πόλλ᾽ οἶδ᾽ ἀλώπηξ, ἀλλ’ ἐχῖνος ἕν μέγα – and immerse yourself in addressing this profound question.
Read MoreInsights from the latest buying legal services survey
Written by Dr. Silvia Hodges Silverstein – Executive Director of the Buying Legal Council – today’s post is based on key insights from the latest buying legal services survey [1]. In the spirit of Jeff Carr’s recent letter reproduced on Dialogue to outside counsel on delivering value with integrity, Silvia uses two emails, one from a CFO to the Legal Department, and the other from the CMO of a major law firm on the panel to the Head of the Corporate Practice.
Read MoreSmall firms: Take your size and own it
At the end of March, George Beaton posted an article in his Remaking Law Firms blog entitled ‘Mid-market law firm brouhaha’ in which he challenges the automatic attribution of law firm woes outside the BigLaw firmament. George references my previous article on ‘The Strength of Small Law Firms’ and advocates for a move away from the “small equals struggling” narrative. “To my knowledge”, he says, “there isn’t a skerrick of systematic evidence that all/most clients of these mid-market firms are saying “It’s desirable that your services are delivered by you in a firm with a bigger/international footprint/greater scale/wider range of services”.
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