Monthly Archives: May 2011

What I’ve said and where I’ll be

Time for my regular roundup of what I’ve written in other locations recently, along with a quick itinerary of my upcoming speaking appearances. 1. I’ve been especially busy at Law Firm Web Strategy, the blog of Stem Legal, with three recent posts on social media: Sponsored stories: Facebook’s legal marketing breakthrough? considers a new advertising [...]
Posted in Law21 | Leave a comment

Law schools and the law of supply and demand

If law schools were publicly traded companies and you held some in your portfolio, I would be strongly advising you to sell. Fast. Here’s a quick review of some recent news concerning the US legal education industry and the legal profession it is purportedly preparing its graduates to enter. As reported by the Wall Street [...]
Posted in Competition, Law School | 6 Comments

Countdown: it’s time to enter the 2011 InnovAction Awards

Lawyers are supposedly averse to innovation. Apparently, someone forgot to inform these law firms and companies. Allen & Overy, whose FIG Global Compensation Tracker helps banks and hedge funds monitor compensation reform initiatives Campbell Law Group of Boulder, Colorado, which is developing a global distributed legal support infrastructure for social enterprises Choate Hall & Stewart [...]
Posted in Innovation | 2 Comments

Why do law firms exist?

What is the point of a law firm? This is neither a rhetorical nor a snarky question. I’m interested in nailing down the economic rationale for a law firm’s existence. What benefits flow to both clients and lawyers from law firms? In what ways are the buyers and sellers of legal services better off because [...]
Posted in Big Firms | 12 Comments

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