The perceived pluses are numerous and easy to spot. In contrast, the risks are more subtle and potentially fatal.


Interestingly, there is a pronounced trend toward firms adopting a shared leadership model, with perhaps the most recent example being the elite litigation firm of Quinn Emanuel.  See Karen Sloan, “Litigation giant Quinn Emanuel beefs up leadership, elevating DC, NY partners,” Reuters, May 13, 2022 (noting that 900+ lawyer firm “has shaken up its leadership model, installing two prominent litigators as co-managing partners and shifting namesake Los Angeles-based founder John Quinn from sole managing partner to the newly created role of chairman”).

If your firm has potential office, group (e.g. “our Global Litigation Practice”), or firm leadership candidates who would be great in the role but are reluctant to give up any of their client responsibilities, the notion of having co-leaders may be an attractive alternative.

Some will advance a number of highly rational arguments for having two co-leaders:
Continue Reading Sharing law firm leadership: NOT for the faint of heart (305)

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Five New #Legaltech Unicorns.  One Unicorn Nearly Doubles in Value.  Three Companies Go Public. 


It might be unfair to say that legal technology arrived in 2021. After all, law firms and law departments, the primary target buyers of legal tech, have been preparing for the impact of AI and automation.

In 2018, Amlaw 100 firms like Reed Smith and later Wilson Sonsini began creating dedicated tech-focused subsidiaries. See Post 213 (Zach Abramowitz’s overview of law firm-led legal tech.  In late 2019, the chairman of an AmLaw 50 firm told us, “We know there is new stuff, we know that our clients know about the new stuff. The question is how we become proactive so that our clients don’t bypass us on the way to the new stuff.”
Continue Reading How the first half of 2021 signals the maturity of an ecosystem (255)


For today’s feature post (200), we’re pleased to welcome guest contributor Rafael Figueiredo, who currently serves as Head of Legal for Santa Fe Natural Gas, a high-growth company that buys, sell, and manages the scheduling and logistics of natural gas and hydrocarbons in the US and Mexico.

I was introduced to Rafael through Cat Moon, as Rafael is an alumnus of Vanderbilt Law’s Certificate Program in Law and Innovation.  Indeed, in talking with Rafael, he described himself as part of the first generation of general counsels who have consciously acquired a T-shaped skillset in order to create a legal department that can fully deliver for the business.
Continue Reading Guest contributor Rafael Figueiredo (199)