Remaking Law Firms: Shared lessons for BigLaw firms and taxis

What shared lessons are BigLaw firms and taxis learning? sets the scene for Remaking Law Firms, to be published by the American Bar Association in March 2016.

It is a rhetorical question, intended to draw the attention of BigLaw firms to a truly insightful article titled What is Disruptive Innovation? by Clayton Christensen and colleagues in Harvard Business Review, December 2015.

Read More
Posted by on Jan 2, 2016 in Business models, Legal services ecosystem | 1 comment

From Maister to Porter – How the market for law firms has changed!

How the market for law firms has changed! Who would have thought we’d be applying Michael Porter’s Five Forces model to understand law firm strategy?

Let’s face it Porter’s Five Forces, which draws upon classical industrial organization economics, is a framework to understand and address the dynamics of competition and profitability in an industry populated with companies – not partnerships of professionals.

Read More
Posted by on Dec 11, 2015 in BigLaw firms, Legal services ecosystem | 5 comments