Remaking news of the week: LOD takes PE

UK private equity firm Bowmark Capital has bought out law firm BCLP’s controlling stake in innovative contract lawyer business Lawyers On Demand.

Remaking news of the week: No consolidation

Today Remaking the news of the week celebrates some of the American Lawyer’s best writing in years.

On May 22, Hugh Simons and Nicholas Bruch opened their article with “A mistaken and dangerous belief pervades much thinking about the US legal market: that it is consolidating as larger firms grow more quickly than the market by taking share from their smaller rivals. A thoughtful look at the numbers reveals that no such consolidation is happening.”

Remaking news of the week: Mergers don’t make sense 

Today’s Remaking the news of the week post is a bit unusual. This a post about a post about a 2012 WSJ article on BigLaw firm mergers. Ron is a brilliant blogger (and an active contributor to Dialogue), so I read his argument all the more carefully, asking myself ‘Is this still true?’. And I concluded, yes it is – and it’s newsworthy.  

Remaking news of the week: Equity profit-sharing

Today’s Remaking the news of the week post is on the old chestnut and increasingly thorny topic of equity profit-sharing.

Remaking news of the week: London law firm incuabtors

Remaking the news of the week is a new feature on Dialogue. Each week I will write circa 100 words why the chosen item is, in my opinion, newsworthy in a Remaking Law Firms context.

Appropriately Remaking the news of the week kicks off citing Bob Ambrogi‘s report in Above the Law on three BigLaw firms that are variously pioneering and supporting lawtech startups.