Missing Headline – Law Firms Tackle Client Disaffection

Missing Headline: Law Firms Tackle Client Disaffection is written by Mark Cohen and was originally published on May 19th, 2016 on the LegalMosaic blog. It is reproduced on Dialogue, the Remaking Law Firms: Why & How blog with Mark’s permission.

What Makes Uber Tick, and What Lawyers Can Learn From It

What Makes Uber Tick, and What Lawyers Can Learn From It is written by Jordan Furlong and was originally published on Lawyerist.com on June 8th, 2016. It is reproduced on Dialogue, the blog of Remaking Law Firms: Why & How with permission from Sam Glover, Founder and Editor-in-Chief of  Lawyerist, and author Jordan Furlong.

I keep hearing people say that some innovation or other will become ‘Uber for law’. Personally, I have a hard time seeing it.

AI and the New Business Model

Richard Tromans is the founder and principal of London-based TromansConsulting, serving law firms with strategic input through strategic intelligence, thought leadership reports and evidence-based strategic insights.

Yesterday Richard posted ‘AI and the New Business Model’ on LinkedIn. Read his post to understand why Richard believes an ‘AI whirlwind (is) hitting the current world of paralegals and junior associates‘. In my view, this ‘whirlwind’ will also hit increasingly senior lawyers in the future; it’s case of classic Christensen disruptive innovation.

Who’s Managing BigLaw Alternative Staffing?

Has the juice been squeezed from BigLaw’s business model?

Central to the profitability of the ‘BigLaw’ business model is how rainmaking equity partners, i.e. the owners, win work for the firm and enlist other fee-earners to do the bulk of this work. Since the 1950s, this model has been hugely successful, both in serving clients and making a great deal of money for owners. However, the capacity to exploit this business model has a ceiling; and this appears to be fast approaching.

Client-led change – Toward a more perfect legal market

As ‘Toward a more perfect legal market‘ demonstrates, D. Casey Flaherty is fast becoming one of the most influential commentators on the trends in the BigLaw supply chain. Courtesy of Casey, this post is reproduced from the 3 Geeks and a Law Blog where it first appeared on May 9, 2016. Casey makes a cogent case for research into reducing information asymmetry and increasing transparency in the legal services supply chain.

Will traditional law schools be disrupted?

In the rapidly changing world of legal services these questions must be asked: Will traditional law schools also be disrupted? What will happen to them if they are not? Disrupting Law School, a recent white paper from the Clayton Christensen Institute, suggests many law schools are under major threat because of the changing employment market for lawyers. A concerned question is ‘Which law schools are paying attention?‘.