Real transformation has yet to arrive writes Ken Grady in his latest post Stagnation and the legal services industry. Welcome back Ken! Readers can look forward to the sequel in a few days from now.
It is unpopular today to write something about the legal industry from a realist perspective. Optimism abounds among entrepreneurs, and among the old guard there exists the fantasy that the world is not as bad as everyone says it is. Unfortunately for me, I am a realist
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In How lawyers benefit from legal project management Hans Schuurmann examines legal project management (LPM) from a business and managerial point of view. He shows how LPM improves processes between client and lawyer – and how both sides of the exchange benefit as a result.
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Heather Suttie’s Fighting for law firm dollars discusses how the continuing pressure on the extraction of value and the intense focus on profit maximisation is resulting in tightened controls and reduction of law firm spending.
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Ingredients of enduring BigLaw firms is a rejoinder to George Beaton’s recent post, Why BigLaw firms fail. My post explores how the ingredients of enduring law firms work inter-dependently to assure the sustainable success of firms that execute these basics consistently.
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A strange finding on the use of NewLaw providers by BigLaw firms focuses a seeming omission in the 2016 Alternative Legal Service (ALS) Study by the Thomson Reuters Legal Executive Institute, Georgetown University’s Law Center for the Study of the Legal Profession and Oxford’s Saïd Business School.
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We welcome Katherine Thomas to Dialogue with her post ‘The {Law} Firm of the Future’.
If you haven’t read Bain & Company’s report ‘The Firm of the Future’ report, you should, writes Katherine. Bain’s report is a must-read for anyone looking to understand how the commercial world is changing. It’s a vital read for legal service providers (LSPs), working within a sector that is at the same time established, mature and immature, depending on the approach and services offered.
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