Today’s post is the final part in the 5-part series #GreatExpectations for the #GreatReset. (Like the vaccine rollout 💉
Today’s post (219) is Part IV of #GreatExpectations for the #GreatReset, a 5-part series on
This post is the third in a 5-part series, #GreatExpectations for the #GreatReset. The aim of this series is to provide a shared foundation of fact and data to help envision the market dislocations likely to occur in the current economic downturn and recovery.
Continue Reading #GreatExpectations, Part III: As the Mighty Fall, New Challengers Rise (218)
Part I (216) of this 5-part series (#GreatExpectations for the #GreatReset) provided a broad retrospective on the last downturn for both BigLaw and corporate clients, with emphasis on the socioeconomic context around the legal market. The next two posts comprise an experiment in format. Parts II (217) and III (218) are snack-sized posts 🍙🍿 (at least for me 😇), each covering a handful of charts 📊 as background for a long-form post in Part IV (219).
Continue Reading #GreatExpectations, Part II: Some Play to Win & the Rest Fight to Survive (217)
If we polled business school professors, all would agree that long-term strategy beats short-term strategy, at least over the long-term. If true, the following two statements ought to be in tension with one another:
Markets have evolved dramatically over the centuries with the world moving from traditional markets like souks and bazaars to eCommerce. The differences in efficiency between the two are staggering with buyers and sellers now enjoying faster transaction cycle times, lower administrative costs, and, most important, greater value derived from their purchases and sales. A number of factors contribute to this development.
Continue Reading Competition based on better commercial contract terms (211)
In earlier Legal Evolution posts, I’ve shared reflections upon my career journey (080), professional evolution (143), and current area of focus (159). This article describes an investment hypothesis for the upcoming decade focused on building the future of the practice of law [hereafter,
When my co-founder Ketan and I were at Harvard Law School
Many of my colleagues in the NewLaw elite often laugh that there’s no such thing as legal project management or data analytics for lawyers. And I get their point. The application of decades-old disciplines to the practice of law does not change
Part of being a good lawyer is pattern recognition. We see patterns in case law, patterns in legal procedure, patterns in