Just as I thought! Book review of Remaking Law Firms

I recently remarked to a colleague that just because I’m biased doesn’t mean I’m not right. Double negatives aside (or not), it’s been really interesting to watch the reaction to the remarkable Remaking Law Firms: Why and How by George Beaton and Imme Kaschner.

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.

Law 2023: A Look Ahead for the Legal Profession

Tim Corcoran’s assessment of the future of the legal services industry is captured in his post ‘Law 2023: A Look Ahead for the Legal Profession’. Tim draws, in part, on a report issued by Law2023.org, to which he was a major contributor. 

The Law 2023 report is of particular interest because its authors are independent (i.e. not commissioned by a bar association or law society or regulator), the method adopted by the collaborating partners, and the range of interviewees.  Law 2023 is well worth the time to study.

Remaking the law firm ecosystem

As much as talk in legal and broader commerce overall these days centres on David v. Goliath or even the clash of the titans (think BigLaw), there’s a very faulty set of assumptions around this type of thinking. Taking the view that it’s us versus them unduly limits the possibilities not just for better delivery of current services but also the creation of new forms of value in the best interests of the ultimate client. An ecosystem approach with some level of coordination among many contributors provides the best and most interesting outcomes. It’s also a key driver of innovation.

How to get the best of all world’s in a legal services business model

Zico is demonstrating how to get the best of all worlds in a legal services business model. The only surprise is there’s not a good deal more interest in what Chew Seng Kok and his colleagues are doing. Here’s why.

Evidence: Why BigLaw firms must start remaking now

Here’s the first evidence based on projections of market share showing why BigLaw firms must start remaking their business model now. And by implication, the consequences of not doing so.

Where the market shares of the major players in the legal services industry are headed in the next 10 years makes a major and urgent case for traditional commercial and corporate law firms to act sooner rather than later.