The evidence is growing that neither “partner” nor “associate” is going to be a meaningful term in law firms of the future. Both of these hallowed pillars of law firms’ talent structure are starting to be used more as means to an end rather than as ends in themselves. In terms of partners, consider this… Read more »
Jordan Furlong is a strategic consultant and analyst who forecasts the impact of the changing legal market on lawyers, law firms and legal organizations.
This article in The Recorder is mostly about the free-fall that the real estate legal marketplace in California is experiencing. But my attention was caught by Mark Greene, a real estate lawyer there who diversified his practice at the height of the boom and has seen his foresight pay off: Wise to the cyclical nature… Read more »
I’ve glimpsed the future of legal marketing, but WhoCanISue.com isn’t it. A new website that has generated a remarkable amount of publicity for a concept that’s not exactly groundbreaking, WhoCanISue.com allows would-be litigants to share the basic outlines of their potential legal claim with an online system, without divulging confidential information. The site will then… Read more »
My latest column has been posted at Slaw. You should go read it there, because it’s a special interactive edition and I’d like to produce as many entries for this contest as possible — and because, as always, there’s tremendous content at Slaw just waiting for your perusal. Go check it out.
The opening words to a sporty 60-second video montage at Cadwalader’s US student recruitment site are: “Make no mistake about it. A career at Cadwalader is not for the faint of heart.” So it would seem, following news that the firm cut 96 lawyers on Thursday, an astounding purge that surpasses Sonnenschein Nath & Rosenthal‘s… Read more »
Australia, the legal profession’s innovation laboratory, is busy delivering another dose of fresh thinking. The state of Victoria is requiring all law firms that take on legal work for the government to perform pro bono work as a condition of the retainer — specifically, to the tune of 5% to 15% of the total value… Read more »
Professor William Henderson, who teaches at the University of Indiana Faculty of Law and blogs at Empirical Legal Studies, has written a watershed treatise on how large law firms recruit and use associates. The ELS blog summarizes it, the ABA Journal reports on it, and Bruce MacEwen and Gerry Riskin have already flagged it as… Read more »
Stop. Time out. Stop doing what we’ve always been doing. Put aside the deadlines and schedules for a moment. Put down the pen, those of us still using one. Push back from the keyboard, take a deep breath, and close our eyes. Make a mental list of all of our longstanding assumptions about this industry… Read more »
Head over to the College of Law Practice Management’s blog at your earliest opportunity and check out the rolling list of entrants for this year’s Innovaction Awards now being posted. As is the case every year, law firms around the world (and for the first time, an in-house law department) have submitted accounts of their… Read more »
Boston-based Goodwin Procter seems to be one of the more innovative and forward-looking firms out there (how many law firms have not one, but two people blogging on knowledge management?). They solidified that reputation earlier this week by announcing the appointment of a director of professional development and training for professional staff (HT to Legal… Read more »