State of the US Legal Market Summed Up in 3 Tweets
Each Friday I select three of the best and most interesting Tweets from the prior week as my “Tweets of the Week”. Last week, I was struck by how my picks tell the current story of the legal market… With demand flat, Big Law faces...
Ron Friedmann,
12 years ago
1 min read
Where is the Excitement about the Future of the Legal Market?
Every day I read about big and exciting changes in industry. On Monday, the New York Times reported on the huge impact graphene could have in electronics and other industries, Forbes on the first artificial red blood cells that may go into production. Change happens even in old...
Ron Friedmann,
12 years ago
1 min read
Steps to Survive the Coming Competition
[This post was first published at the 2014 ALA Annual Conference & Exposition Blog on 3 Feb 2014. Conference info here.] Many in the legal market talk about a “New Normal” where margin pressure is the norm. Is this true, and does it matter? Yes, and here’s why....
Ron Friedmann,
12 years ago
3 min read
Tweets of the Fortnight (January 2014 – Part 1)
About twice each month I share my “Tweets of the Week” from the two prior weeks. These reflect noteworthy news or analysis. Design Thinking and Law: A Perfect Match @margarethagan ABA-LPT http://t.co/lop33kv9bW || Great #LegalByDesign intro — ronfriedmann (@ronfriedmann) January 16, 2014 Law firms must prove...
Ron Friedmann,
12 years ago
1 min read
Report Questions Large Law Firm Focus on Growth
A new report by The Center for the Study of the Legal Profession at Georgetown Law and Thomson Reuters Peer Monitor reports on the current state of the large law firm market in the USA and questions the choice of many large law firms to...
Ron Friedmann,
12 years ago
3 min read
2014 Prediction for the Legal Market
It’s been a while since I wrote a year-end prediction. But this year, the LexisNexis Make More Rain Blog asked me to contribute to its just-published post, 21 Expert Predictions for The Legal Industry in 2014. Frank Strong, the post author, grouped predictions; mine appears in...
Ron Friedmann,
12 years ago
1 min read
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...
Ron Friedmann,
12 years ago
2 min read
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...
Ron Friedmann,
12 years ago
2 min read
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