Accelerating Trends in Law Firms
Accelerating Trends in Law Firms

Author: ZEUGHAUSER

Publisher:

Published: 2022-01-15

Total Pages: 256

ISBN-13: 9781787424227

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The global pandemic and simultaneous economic disruption is accelerating many challenging trends for law firms across the globe with unprecedented velocity. Law firm leaders, individual practitioners, C-level law firm executives, bankers and clients are all faced with growing uncertainty about the future and are looking for resources to help navigate rapid change. This book, edited by Peter Zeughauser of Zeughauser Group, will provide valuable insights and guidance on these trends and how best to embrace and harness them for continued success. It brings together world-renowned, skilled experts with different perspectives on the key challenges and opportunities that have arisen in the last few years, and continue to increase in importance. Key issues covered include: -Why and how to revisit your strategy plan; -Effective client relationship management during a crisis; -Wellbeing of partners and the workforce; -How to leverage social responsibility and pro bono programmes; and -Diversity and inclusion. This title will also consider the impact of remote working on the profession, including how to build a stronger culture with a remote workforce, how to reduce your real estate costs and how remote working has impacted innovation and decision making.

Growth is Dead
Growth is Dead

Author: Bruce MacEwen (Lawyer)

Publisher: Createspace Independent Publishing Platform

Published: 2013

Total Pages: 0

ISBN-13: 9781481896047

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Now in its Second Edition "Growth is Dead" addresses the future of "BigLaw" (or "SophisticatedLaw") in the wake of the great financial reset of 2008 and its continuing repercussions including: (a) relentless pricing pressures; (b) excess capacity; (c) partner expectations; and (d) the accelerating entry of new "legal service provider" organizations, with all their implications for career paths, the traditional leveraged staffing model of law firms, and much more. Brad Karp, Chair of the Firm at Paul Weiss, describes it thus: "I read all 12 installments of your series with great interest...twice. This is an extraordinary body of work that reflects enormous insight and ought be required reading by managing partners of law firms and professional services organizations. You do a very effective job of challenging the status quo and your series is a much-needed wake up call for our profession. As always, I plan to share many of your insights with my partners. And I plan to cogitate over many of your proposed initiatives." "2012 Year in Review: Must-Read." "Any review of 2012 must begin with Bruce MacEwen's 12-part "Growth is Dead" series, which looks at, and analyzes, the monumental effects of the Great Recession on the legal industry." "Immediately became required reading for law firm leaders, by the one and only Bruce MacEwen." - Bloomberg Law "When it comes to the economics of the legal industry, there's Bruce MacEwen and then there's everyone else."

Remaking Law Firms
Remaking Law Firms

Author: George Beaton

Publisher:

Published: 2016-06-07

Total Pages: 272

ISBN-13: 9781634253963

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This book provides examples of innovative and successful business models from remade law firms to inspire change that goes beyond thinking and planning, and leads straight to implementing change and better client service.

Law Firm Strategies for the 21st Century
Law Firm Strategies for the 21st Century

Author: Christoph Vaagt

Publisher:

Published: 2020-09-30

Total Pages: 260

ISBN-13: 9781787423022

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As the legal landscape becomes increasingly competitive, it is clear that law firms do not always do enough to remain at the top of their game. Firms that have embraced the challenges presented by increased competition are undeniably in a better position than those that have not.This title aims to help partners understand what they can - and what they should not - do to chart the course of their firm most effectively, and covers current topics such as digitalisation and the emergence of new competitors from outside the market. Keeping abreast of market developments is an essential part of law firm management and this edition focuses on helping partners, and their teams, to develop the right strategy.The second edition of this practical title in Globe Law and Business's series on the business of law offers up new ways to think about strategy and how to explore it in the context of a partnership. It includes contributions from leading academics, consultants and law firm partners who share their insights and experience in strategy development and management.Whether you are a managing partner of a small, medium or large law firm, this book offers a variety of viewpoints in a comprehensive single volume. As well as partners and their teams, it will also prove useful for consultants and academics in developing research in this important area.

The Client-Centered Law Firm
The Client-Centered Law Firm

Author: Jack Newton

Publisher: Blue Check Publishing

Published: 2020-01-28

Total Pages: 314

ISBN-13: 9781989603321

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The legal industry has long been risk averse, but when it comes to adapting to the experience-driven world created by companies like Netflix, Uber, and Airbnb, adherence to the old status quo could be the death knell for today's law firms. In The Client-Centered Law Firm, Clio cofounder Jack Newton offers a clear-eyed and timely look at how providing a client-centered experience and running an efficient, profitable law firm aren't opposing ideas. With this approach, they drive each other. Covering the what, why, and how of running a client-centered practice, with examples from law firms leading this revolution as well as practical strategies for implementation, The Client-Centered Law Firm is a rallying call to unlock the enormous latent demand in the legal market by providing client-centered experiences, improving internal processes, and raising the bottom line.

Law Firm Mergers
Law Firm Mergers

Author: Morris ZIMMERMANN

Publisher:

Published: 2022-04-30

Total Pages: 90

ISBN-13: 9781787428454

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Mergers and acquisitions of law firms of all sizes have become increasingly common as competition for talent and business intensifies and leading firms dominate the market in size and profitability. Lawyers and law firm leaders contemplating the future of their firms need to understand the changing dynamics of the market, and the ways in which mergers and other combinations may or may not help them fulfil their aspirations. Law Firm Mergers offers both law firm leaders and all partners a way to approach the issues, highlighting the best practices gleaned from successful combinations.Beginning with an overview of the forces driving consolidation, it discusses how to formulate and get buy-in for a strategy and how to view a merger as a potential vehicle to accelerate progress. It looks at the advantages and disadvantages of combining with other firms, and offers practical insights about the process - from the best ways to identify and evaluate potential merger candidates, to how to approach those firms, to navigating the negotiations, and common deal terms that can bridge differences over crucial factors such as compensation, capital, and governance. Beyond the financial and strategic challenges faced by firms evaluating a merger, this title also delves into the cultural and human issues that can make or break a merger, from the best way to handle sticking points in negotiations to the ways in which firm leaders can muster support internally and head off opposition from their own partners.Full of practical tips and laced with candid, first-hand insights from leaders who have successfully guided their firms through mergers, this Special Report will be the essential guide for a successful and prosperous law firm merger.

Managing Talent for Success
Managing Talent for Success

Author: Rebecca Normand-Hochman

Publisher: Globe Law and Business Limited

Published: 2013

Total Pages: 0

ISBN-13: 9781909416031

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This practical new handbook explores the various elements required to manage talent effectively. It illustrates how law firms can significantly increase the performance, engagement and retention of their lawyers by giving them the tools to develop and to support the development of others. It also describes the need to align HR and law firm strategy through talent management, and to adapt leadership and talent management best practices to law firm structures and challenges.

Liquid Legal
Liquid Legal

Author: Kai Jacob

Publisher: Springer

Published: 2016-12-01

Total Pages: 473

ISBN-13: 331945868X

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This book compels the legal profession to question its current identity and to aspire to become a strategic partner for corporate executives, clients and stakeholders, transforming legal into a function that creates incremental value. It provides a uniquely broad range of forward-looking perspectives from several different key-players in the legal industry: in-house legal, law firms, LPO’s, legal tech, HR, associations and academia. This publication is a platform for leading legal professionals that offers a new perspective on the accelerating transformation in legal. Combining expert contributions with editorial insights, it argues that the new legal function will shift from a paradigm of security to one of opportunity; that future corporate lawyers will no longer primarily be negotiators, litigators and administrators, but that instead they will be coaches, arbiters and intrapreneurs; that legal knowledge and data-based services will become a commodity; and that analytics and measurement will be key drivers of the future of the profession. A must-read for all legal professionals, this book sets the course for revitalizing the profession.

Robots in Law
Robots in Law

Author: Joanna Goodman

Publisher: Globe Law and Business Limited

Published: 2016

Total Pages: 148

ISBN-13: 9781783582648

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"Although 2016 has been the breakthrough year for artificial intelligence (AI) in legal services in terms of market awareness and significant take-up, legal AI represents evolution rather than revolution. Since the first "robot lawyers" started receiving mainstream press coverage, many law firms, other legal service providers and law colleges are being asked what they are doing about AI. Ark Group's Robots in Law: How Artificial Intelligence is Transforming Legal Services is designed to provide a starting point in the form of an independent primer for anyone looking to get up to speed on AI in legal services [...] Along with the emergence of New Law and the burgeoning lawtech start-up economy, AI is part of a new dynamic in legal technology and it is here to stay. The question now is whether AI will find its place as a facilitator of legal services delivery, or whether it will initiate a shift in the value chain that will transform the legal business model."

Ethical Problems in the Practice of Law
Ethical Problems in the Practice of Law

Author: Lisa G. Lerman

Publisher: Aspen Publishing

Published: 2020-02-05

Total Pages: 1008

ISBN-13: 1543817440

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This problem-based book reflects the authors’ broad range of teaching, clinical, and policy-making experience. Ethical Problems in the Practice of Law’s carefully crafted ethical problems challenge students to engage in a deep analysis and participate in lively class discussion. New to the Fifth Edition: Comprehensive updates to reflect the many new developments in this fast-moving field. The authors carefully revised the entire text, adding six new problems and countless new case examples to illustrate the operation of “lawyer law.” Expanded coverage of ethics issues for arbitrators and mediators. Expanded coverage of the ethical challenges and pitfalls faced by lawyers in light of advancing technology. Deeper discussion of issues of diversity and discrimination in the legal profession. Updated and enhanced materials on innovations and transformations in the legal profession and the regulation of lawyers in the United States and abroad, including innovation in financing law practice and litigation, and offshoring legal work. Additional material on continuing efforts to address the unmet need for legal services, including licensing of nonlawyers to provide limited legal services. Professors and students will benefit from: Real-world problems, most based on actual cases, in which students are asked to step into the shoes of practicing lawyers to confront difficult ethical dilemmas that often arise in the early years of law practice. Problem-based approach, often based on real-life cases, offers students a practical way to test their understanding Problem method engages students and generates class discussion, because most problems present head-scratching dilemmas that students must puzzle through together Graphics (cartoons, tables, photos) throughout, which make the presentation lively and engaging Clear expositions of the law allow professors to devote the majority of class time to interactive discussion of the problems Transformation of a course from an often-boring upper-class requirement to a learning environment that is educationally rich, engaging and fun Shocking examples of recent lawyer misconduct maintain student interest A readable and enjoyable law school textbook