Over the past three years, law firm tech businesses, sometimes called law firm subsidiaries, “New Law” or captive ALSPs, have generated quite a bit of buzz. See, e.g., Dan Packel, “
This two-part series is focused on a persistent feature of the legal
Several years ago, I had the good fortune of having dinner with David Burgess, the Publishing Director of The Legal 500, a global research company that compiles detailed rankings of law firms based on jurisdiction and practice area.
Continue Reading Lawyers and teamwork, Part I: Motivation (188)
Large firm lawyers spend a lot of time debating the pros and cons of so-called “alternative fee arrangements,” but hourly billing is still their sweet spot. It is much nicer to focus on the legal work than to worry about being efficient or pursuing
To be successful over the long run, law firm partners have to master the ABCs—i.e. acquire, bill, and collect fees that are commensurate with other partners in the firm. This requires enormous talent, energy, and skill. Yet, in recent years, the job has become harder because of the
For many years, the lateral market in Big Law has reminded me of the old cowboy television series “Have Gun — Will Travel.” Richard Boone, pictured above, played the protagonist, “Paladin.” The refrain of the
Law firms offer a bundle of services tied tightly together, and most lawyers think of this bundle as a naturally integrated offering. But innovators have long believed that the legal services bundle is actually composed of a series of largely unrelated capabilities, and the true flowering
The title of this article is based on an open-ended question presented to more than 3,800 professionals who responded to ALM Intelligence’s recent Mental Health and Substance Abuse Survey (ALM Survey).
Granted, this is a population of very busy people, so not everyone took the time to
This post will be something of an anomaly. It is more personal in nature than my usual content and (at least for me) rather short.
I am a single Asian American woman living alone in Manhattan. As of the time of this writing, NYC has just tipped
Your mother needs heart valve replacement surgery, and it’s time to choose between doctors. You will have to explain yourself to two siblings and a few other relatives, but as a practical matter the choice is in your hands. You interview two potential surgeons. Here’s what they have to say:
Continue Reading The Swiss Army Lawyer (138)