Will AFA Drive Law Firm Overhead Down?
In my recent post, BigLaw Growth is Dead – Lower Cost Support Tipping Point?, I wrote about Bingham opening a support center in Lexington, KY and asked whether other large firms would take steps to reduce overhead. Conversations I had 10 days at the Ark...
Ron Friedmann,
13 years ago
2 min read
The Buy-Side: Are You Selling What I Want to Buy? [Live Post – Ark Pricing Conference]
This is live blog post from the Ark Group’s Managing Partner’s Law Firm Pricing & Profitability Conference. This session: The Buy-Side: Are You Selling What I Want to Buy? . [Please forgive any typos as I will post this as session ends]. Speakers: Lynn D....
Ron Friedmann,
13 years ago
3 min read
Navigating the Pricing Maze: Establishing a Pricing Capability in Law Firms [Live Post – Ark Pricing Conference]
This is live blog post from the Ark Group’s Managing Partner’s Law Firm Pricing & Profitability Conference. Stuart J T Dodds, Director, Global Pricing, Baker & McKenzie Global Services discusses Navigating the Pricing Maze: Establishing a Pricing Capability/Function within Law Firms. [Please forgive any typos...
Ron Friedmann,
13 years ago
2 min read
Thinking Beyond Short-Term Metrics (Live Post – Ark Pricing Conference)
This is live blog post from the Ark Group’s Managing Partner’s Law Firm Pricing & Profitability Conference. First up is Steven J. Harper, author, contributingeditor to The American Lawyer, and adjunct professor at Northwestern University’s Law School and former Partner at Kirkland & Ellis LLP....
Ron Friedmann,
13 years ago
5 min read
ILTA 2012 Musings
Last week I attended the 2012 International Legal Technology Association (ILTA) annual conference. Rather than summarize it – an impossible task – I offer my impressions and musings. Legal project management and alternative fee arrangements remain hot topics. This is not news, merely confirmation. Each...
Ron Friedmann,
13 years ago
4 min read
Five Steps to Reduce Legal Costs
General counsels face pressure to reduce costs. Law firms must offer better value. The “new normal” requires taking five actions:. 1. Do Less : Do only the amount of legal work commensurate with the legal risk. Lawyers likely spend too much time looking for little stones...
Ron Friedmann,
13 years ago
1 min read
The Rise of Axiom Law
Anyone interested in the evolution of the legal market should read The Disruptive Innovation at Axiom’s Legal Outsourcing Division in the July issue of the The American Lawyer. Highlights of Axiom from AmLaw Article. Key facts and quotes from the article: Axiom is a C-class...
Ron Friedmann,
14 years ago
3 min read
2012 ACC Value Champions
Last week the Association of Corporate Counsel (ACC) announced the 2012 ACC Value Champions, 12 winners of awards that recognizes “effectively driving value by cutting spending, improving predictability and achieving better legal outcomes.” Amar Sarwal, VP and Chief Legal Strategist at CC, in his Top...
Ron Friedmann,
14 years ago
3 min read
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