Ogletree Deakins – Larry Richard, J.D., Ph.D., is the founder of and principal consultant at LawyerBrain LLC. A former trial lawyer since trained as a psychologist, he now provides organization development consulting to large law firms using behavioral science and psychological research findings. JATHAN JANOVE: For many years, you have conducted research into the psychology […]
Can Risk-Averse Lawyers Learn to Embrace Change? Read More »
We have reported frequently here about the challenges facing law firms, with mergers, technology changes, billing practices and more. But now, yet another study has come out to show that law firms face irrelevance and face obsolescence, just like some redundant auto industry relic. The study, from Georgetown University Law Center says the industry is
Matt Thompson* – A recent survey of law firm business development and marketing professionals suggests the strategies and tactics law firms use to generate new business is changing. According to the study, law firms appear to be shaking the negative fallout of the economic downturn. Nearly 50 percent of firms report feeling upbeat about new
6 Ways to Shake Up Law Firm Business Development in 2016 Read More »
As with any other organization, law firms also face disasters but the way in which they handle them requires similar skills and preparation to any other organization in crisis. A recent conference at the Legal Marketing Association had an address from Nancy G Newman, who was the national director of marketing and business development at Dreier
6 Key Steps Law Firms Need to Take When Handling a Crisis Read More »
Riverview Law is a new-age, revolutionary law firm developing . . well, robots, actually. The innovative firm has spent 18 months investigating an automated, in-house team of virtual assistants that will make fast and (hopefully) accurate decisions. Dubbed “Kim” (which stands for knowledge, intelligence and meaning), the virtual assistants combine their robotic powers with data
By Stephen Poor, Chairman, Seyfarth Shaw LLP* Altman Weil’s recent survey of CLOs found that 40 percent of law departments plan to decrease the spend on outside counsel over the next 12 months. This is hardly startling news. It simply continues the pattern we have seen in the industry for a number of years. What
Will Law Firms Withstand The Pressure to Change? Read More »
The oil price collapse has left energy law firm Burleson LLP, based in Houston, with the decision to shutter its entire operation. And therein lie some lessons for many law firms. The firm will close all five offices by the end of this year its managing partner, Richard Burleson said. Burleson’s was a highly successful
What Are The Lessons From the Closure of A Law Firm? Read More »
Adam Smith Esq president of Bruce MacEwen wrote for The Lawyer about the issues facing law firms and current thinking regarding the existing, traditional law firm model. What future does it have? He presents some challenging thoughts regarding the law firm thinking on how firms are managed currently. My partner Janet Stanton has proposed a thought experiment:
Why Can’t Law Firms Work Like Amazon or Facebook? Read More »
A great work environment is key to achieving high productivity for lawyers. Yet a study from a major UK real estate consultancy has found that law firms (at least in the UK) are lagging behind other professionals in achieving great locations and a top environment. Duncan Weston, the Managing Partner at CMS Cameron McKenna wrote
How Should Law Firms Look At Their Real Estate Costs Read More »
The key to a firm’s international success is strong client relationships, believes Robert West, Partner at multinational law firm Baker & McKenzie. Speaking earlier this month to an audience of law students for London School of Business and Finance’s (LSBF) Great Minds Live series, Mr West said: “We follow our clients around the world, practicing
Baker + McKenzie – Key To Firm Success is Strong Client Relationships Read More »
