The above graphic is a map of the human capital needed to create “one-to-many” legal solutions (Human Capital Map). It’s a dense graphic on a complex topic. To explain its structure and the key insights it provides, I’ll cover the following topics:
Continue Reading Human capital for one-to-many legal solutions (126)
When it comes to empirical research on lawyers, we’re all lightweights compared to Randall Kiser. Over the last decade, Kiser has authored books on lawyer decision making in the context of litigation, Beyond Right and Wrong (2010), the mindset and work habits of trial lawyers who consistently outperform their peers, How Leading Lawyers Think (2011), and an empirically grounded analysis of the skills and behaviors needed to build a successful legal career, Soft Skills for the Effective Lawyer (2017).
Continue Reading American Law Firms in Transition: Trends, Threats, and Strategies (book review) (110)
For many of us, success is partially a function of being at the right place at the right time. Yet, this type of luck often has even larger second-order effects, such as the ability to see new and emerging business opportunities. Indeed, this is how I see the careers of Ian Nelson and Chris Wedgeworth, who were part of the sales team that helped Practical Law Company (PLC) enter and dominate the U.S. market.
Continue Reading Is just-in-time training for lawyers a good business? (102)
As editor of Legal Evolution, I am pleased to announce that Evan Parker is joining Legal Evolution as a regular contributor.
Many readers likely remember Evan’s guest post from the fall, where he presented compelling data showing that, controlling for a wide range of factors, law firms with a higher percentage of diverse attorneys are significantly more profitable. See Parker, “Missing in Action: Data-Driven Approaches to Improve Diversity (074),” Legal Evolution, Nov. 25, 2018 (+$180K per partner). In Post 086, Evan takes on the task of measuring law firm culture in the London-UK market, showing how data from Legal Cheek’s Insider Scorecard can be used to create and guide a strategy for associate-level talent.
Continue Reading Regular Contributor Evan Parker (085)
For this week’s post, I’m pleased to introduce guest contributor Evan Parker, Managing Director of LawyerMetrix. In Post 074, Evan tackles the profoundly important topic of diversity in the legal profession. After presenting compelling evidence that (1) clients want more diversity, (2) diverse legal teams produce better results, and (3) diverse firms
