With Apologies to the University of Chicago School of Economics
“Whatever is, is right”. This statement epitomizes the University of Chicago School of Economics and its laissez-faire approach to economics: the market is always right, so whatever you find in the market, that’s just fine. Today, flying to Chicago for the annual meeting of...
Ron Friedmann,
17 years ago
1 min read
InnovAction Awards for 2008
The three InnovAction Awards for 2008 have been announced. InnovAction is a program of the College of Law Practice of Management. I am a trustee of COLPM and a Friend of InnovAction but had no role in or access to the judging process. COLPM and...
Ron Friedmann,
17 years ago
2 min read
Addleshaw Goddard Innovates in Litigation Management and Funding
Where is the discipline to control legal costs in business litigation? An innovation in the UK may usher it in. Radical Addleshaws venture to offer ‘cost-free’ litigation (legalweek.com, 22 May 2008) reports that “Addleshaw Goddard is rolling out a groundbreaking funding package for disputes… [the...
Ron Friedmann,
18 years ago
1 min read
Legal Innovation Recognized
Reminder: If you innovate, earn recognition. The College of Law Practice Management (I am a trustee) sponsors the InnovAction Award. InnovAction honors innovation in law practice management. Law firms, law departments, and other legal service providers (but not vendors) can apply. Innovation can range from...
Ron Friedmann,
18 years ago
1 min read
Risk Aversion and the Failure to Consider Alternatives
Lawyers are risk-averse. They frequently fail, however, to consider the risk of alternatives. Cutting a Winning Edge in Law Firm Blogs, an article about large law firm blogs illustrates this point. A blog-less BigLaw firm’s spokesperson is quoted, re firm blogs: “They take effort, we...
Ron Friedmann,
18 years ago
1 min read
Enterprise Relationship Software is Now Safe for Law Firms to Buy
Wouldn’t it be great for business development if you could tap all the connections that your fellow lawyers and staff have? Well you can. Doing so has been easy for quite some time as I reported in Something for Nothing? Enterprise Relationship Discovery (30 May...
Ron Friedmann,
18 years ago
1 min read
The Future of Law Practice: Change or More of the Same?
Two conferences in the last week examined the future of law practice. Change is forecast but I wonder. On Friday, I was a panelist at the NALP annual conference plenary session, The Future of Law Practice: Trends, Predictions, and Imperatives. Some panelists predicted big changes,...
Ron Friedmann,
18 years ago
2 min read
Legal Technology 2.0
I started blogging here 5 years ago. It’s a good occasion to think about how my posts have evolved. I now see that both the legal market and I have moved to “Legal Technology 2.0”. Why, you might wonder, does a blog called Strategic Legal...
Ron Friedmann,
18 years ago
3 min read
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