Law firm innovation takes more than talk

In Law firm innovation takes more than talk, Ron Friedmann writes the legal market remains abuzz with innovation talk and articles, but absent from that discussion is assessing the impact of innovation. I explain here the innovation buzz and assess its current state and impact.

Assessing it turns out to be hard, so I include a case study of Ogletree Deakins to illustrate one innovation approach.

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The golden age of the legal entrepreneur

In The golden age of the legal entrepreneur, Mark Cohen explores why this age is now upon us and why it matters to society first and foremost and, not least to today’s lawyers.

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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In Relationships 3.0: The “Idea Relationship” Era Mike O’Horo argues the “sales funnel” has been replaced by the “buyer journey,” a conversation that is increasingly on the buyer’s terms.

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At the bleeding edge of law

At the bleeding edge of law is contributed by two who’ve been there and done that, David Perla and Sanjay Kamlani. The pair is known for co-founding Pangea3, an LPO pioneer, in 2004 and successfully exiting in 2012.  

In this post, they explain why they believe the long aversion to leveraging capital in law is changing fast.

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Clients and BigLaw firms don’t see eye-to-eye on innovation

Clients and BigLaw firms don’t see eye-to-eye on innovation is based on my reflection following a recent social media exchange about BigLaw firms and innovation.

Some argued there was plenty of good innovation happening in BigLaw land, but not much was visible to outsiders. Others held BigLaw firms are innovation laggards, with many doomed to slow decline as a consequence. Both offered surveys and anecdotes to support their case

What does the evidence say?

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Why lawyers must escape the gravitational pull of specialisation

Ken Grady argues why lawyers must escape the gravitational pull of specialisation. And he does so convincingly in this post.  

In his argument, Ken cites evidence of why ‘expert-generalist’ or ‘T-shaped’ people innovate more successfully than those with a narrow focus. In the case of legal services, Ken suggests this is because lawyers have become super-specialized over the last four or five decades.

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