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Highlights of the 2013 Altman Weil Chief Legal Officer Survey

Altman Weil, Inc. today released its 2013 Chief Legal Officer Survey.  I summarize here key findings and offer some comments. Money is Moving Away from Law Firms.  Law department budgets for internal work stayed almost the same from 2012 to 2013, about 44%.  But in that same time, the

BigLaw Musical Chairs: Will Some Firms be Eliminated?

When the music stops in musical chairs, someone has no chair and is out.  Are large US law firms playing the game? Many debate the future of large law firms: see the George Beaton blog post and comments at The rise and rise of the NewLaw business model.  I’ve never seen a  post

Refining the “Knowledge Advantage” and Getting Back Into Your Clients’ Inner Circle of Trusted Advisors

This is a live post from the Ark Group/Managing Partner’s 9th Annual Knowledge Management in the Legal Profession.  This session is Refining the “Knowledge Advantage” and Getting Back Into Your Clients’ Inner Circle of Trusted Advisors with Kevin E. Colangelo, Client Relations Officer

The Speed of Change

What is the speed of change in the legal market?   Do we live in a New Normal?  At least in the social media and conference sphere, many ask those questions.  Several published items yesterday and today address the question, which I report here. * * * American Lawyer Media editor-in-c

Making Fat Law Firms Flat through Operational Redesign for the Age of the Internet (Live from ReInvent Law)

This is a live post from the Reinvent Law Silicon Valley conference in Mountain View, CA. Please forgive any typos or errors in conveying what speakers say. Now up is Raj Abhyaker, CEO of LegalForce, on “Making Fat Law Firms Flat through Operational Redesign for the age of the I

The Future of Legal Market is Not Evenly Distributed (Live from ReInvent Law)

This is a live post from the Reinvent Law Silicon Valley conference in Mountain View, CA. Please forgive any typos or errors in conveying what speakers say. Dan Katz of MSU Law: The Future is Already Here – It’s Just Not Evenly Distributed Storm brewing in legal. Complicat

From Legal Horsepower to Service Delivery Design

Does good design have anything to do with law firms?  Maybe, depending on how you think about design. In the New York Times today, Design Rivals Technology in Importance, we learn that when it comes to consumer technology products, design exceeds technology in importance: “

Understanding Why Clients Hire Law Firms

To grow and prosper in 2013, large law firms should understand why clients “hire” them.  Note I wrote “hire” and not retain. Mary Abraham’s recent post Milkshakes and Purple Cows summarizes a Clayton Christensen talk in which he discusses why consume

Two Ways Law Firms Can Compete – FT Innovative Lawyers Awards

The recently released FT report on US Innovative Lawyers 2012 points to two ways large law firms can compete for business.  Innovation in law practice is one. About this the FT observes that “[m]ost of the top US law firms have similar strategies – to focus on retaini

Gaining Competitive Advantage Before GC Measure Everything

Two just-released surveys hint at the opportunity US law firms have to gain competitive advantage.  The Big Squeeze – Our latest Law Department Metrics Benchmarking Survey shows that legal departments are working harder, with less, in December Corporate Counsel magazine rep