@PwC makes a game-changing move in legal services

This is how I tweeted it: “@PwC makes a game-changing move in legal services ow.ly/anzX30a7qOz Managing half GE’s global tax requirements”. The article cited in the link was published in The Lawyer on March 20, 2017 (paywall). It begins: “You can’t fault PwC’s chutzpah.”

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Posted by on Mar 23, 2017 in BigLaw firms, Legal services ecosystem, NewLaw business models | 2 comments

The party is over! Navigating the multi-polar legal market

In The party is over! Jordan Furlong explains why the BigLaw 60+ year run has come to an end. In his lattest post on Dialogue, Jordan draws on the latest Georgetown Law School and Thomson Reuters Legal Executive Institute report and starts “They are ready to call it: the party’s officially over. The 2017 edition of their annual Report on the State of the Legal Market is unequivocal in its assessment of how completely the commercial legal services market has changed over the past decade.”

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Posted by on Feb 28, 2017 in BigLaw firms, Clients, NewLaw business models | 1 comment

Reflecting on Reinvent Law NYC, 2014

Today I am reflecting on the Reinvent Law conference held in New York on February 7, 2014. Seldom, if ever, in my life has one day made such a positive difference to my professional career. It may seem self-indulgent to write about this event three years on, but I think it’s worth sharing. If only because it involves so many people in the Remaking Law Firms community to whom I am grateful and indebted.

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Posted by on Feb 7, 2017 in Book review, Legal services ecosystem, NewLaw business models, Technology | 0 comments

NewLaw insights. Inside Lawyers On Demand

Lawyers On Demand is one of two large NewLaw firms with a growing international footprint, the other is Axiom Law. I know both passingly well. Their senior executives and, in the case of Lawyers On Demand, their founders have been contributors to my books, NewLaw New Rules (2013) and Remaking Law Firms: Why & How (2016).

Now that Lawyers On Demand (since 2006-2008) and Axiom Law (since 2000-2002) are well established providers of legal services, it’s appropriate to provide insights into their strategic thinking. So, I am pleased to introduce Sandra Gibson, Managing Director of Lawyers On Demand, Australia in this interview.

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Posted by on Dec 6, 2016 in NewLaw business models | 0 comments

Acceleration in the pace of change

Acceleration in the pace of change was the theme earlier this month at the Law Firm Leaders Forum in NYC. Ralph Baxter, Chairman of the Thomson Reuters’ Legal Executive Institute (which sponsored the Forum), opened a panel discussion with pithy observations and opinion. I paraphrase; the full text is here. 

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Posted by on Oct 20, 2016 in BigLaw firms, NewLaw business models | 0 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