Law’s Emerging Elite: Enterprise Legal Service Providers, Part 3

Parts 1 and 2 of Mark Cohen’s Law’s Emerging Elite: Enterprise Legal Service Providers were published on Dialogue earlier in April. Today’s Part 3 concludes the series. I predict Mark’s essay will go down as a defining moment of insight into the transformation of business models on the supply-side of legal services.
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Posted by on Apr 30, 2019 in Legal services ecosystem, NewLaw business models | 0 comments

Remaking News of the Week: Explaining Elevate’s recent acquisitions

In Remaking News of the Week: Explaining Elevate’s recent acquisitions I draw attention the march of Elevate Services as Liam Brown and his merry team build out what is arguably the world’s leading law company.

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Posted by on Apr 25, 2019 in Legal services ecosystem, NewLaw business models | 0 comments

Law’s Emerging Elite: Enterprise Legal Service Providers, Part 2

The first article in this three-part series introduced enterprise legal service providers (ELSP’s), proclaiming their entitlement to the “elite” status accorded a cadre of brand-differentiated traditional partnership model firms. This essay analyzes in greater depth the emergent, transformative, and impactful role that enterprise legal service providers play in the global legal marketplace. This is Part 2 of Mark’s three-part series, with the third to follow on the Dialogue. .  

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Posted by on Apr 23, 2019 in Legal services ecosystem, NewLaw business models | 0 comments

Remaking News of the Week: Crowd-sourcing model law firms

Today, in Remaking News of the Week: Crowd-sourcing model law firms I highlight a call from Jordan Furlong, a regular contributor to Dialogue.

Jordan is running a novel research project, to find, describe and celebrate “radically different law firms”. In other words, law firms I described as ‘remade’ in my 2016 book: Remaking Law Firms: Why & How. 

I commend Jordan’s work to you and urge you to add your examples to his analysis. It’s is the interests of the legal services ecosystem.

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Posted by on Apr 18, 2019 in Business models, Strategy | 0 comments

Law’s Emerging Elite: Enterprise Legal Service Providers, Part 1

Mark Cohen takes another look at so-called ‘ALSPs’ in his recent Forbes piece, Law’s Emerging Elite: Enterprise Legal Service Providers. I have not-a-little licence in styling the elite law firms of the world as ‘alternative’. But, Mark’s point is just this: A handful of elite firms doing the biggest, most complex, bet-the-farm work are now starting to put daylight between themselves and the rest. In the not too distant future, it’s not unimaginable that the ‘elite’ will be the ‘alternatives’ – just much, more profitable.  This post is Part 1 of 3, with the others to follow on the Dialogue. 

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Posted by on Apr 16, 2019 in BigLaw firms, Legal services ecosystem | 0 comments

Remaking News of the Week: GCs’ tech budget woes

Today’s Remaking News of the Week: GCs’ budget woes covers recent Clyde & Co research reported in Richard Tromans’ Artificial Lawyer on 15 March 2019.

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Posted by on Apr 11, 2019 in Law departments | 0 comments

Succeeding in BigLaw means business velocity

With a business person’s perspective, contributor Tim Corcoran, is back on Dialogue with Succeeding in BigLaw means business velocity. Tim’s is another compelling view of the gap between what clients need and what law firms, in the main, believe they are delivering. Referenced at the end of Tom’s post, our research on what clients see as and need from innovation makes the same point from another angle. I commend Tim’s piece.
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Posted by on Apr 9, 2019 in BigLaw firms, Strategy | 0 comments