Highlights from the Altman Weil CLO Survey
This post offers highlights of the annual Altman Weil CLO Survey. In my view, the Chief Legal Officer (CLO) Survey is one of the better legal market surveys. It has been conducted since 2010, has a good sample size, and asks many of the same...
Ron Friedmann,
7 years ago
4 min read
Microbrands – What Can Legal Learn from Them?
Last week I learned about microbrands. I share below highlights of Why You’re Buying Products From Companies You’ve Never Heard Of (Christopher Mims, Wall Street Journal, 4 October 2018) , an article describing them. I then ruminate on what the legal market can learn from this. Microbrands...
Ron Friedmann,
7 years ago
4 min read
Snapshot of the Legal Market, Missing Link, and Mystery Disconnect
Two recent surveys, the Altman Weil 2017 Chief Legal Officer (CLO) Survey and the 2018 Report on the State of the Legal Market by The Center for the Study of the Legal Profession at the Georgetown University Law Center and Thomson Reuters Legal Executive Institute and Peer Monitor® provide a...
Ron Friedmann,
8 years ago
6 min read
Is the Pressure Building on Big Law?
I’ve complained that too many commentators predict Big Law disruption. With Big Law surviving the 2008-10 economic crisis largely intact and profits continuing to grow, it’s hard to see the disruption. What’s hard to miss though is the pressure Big Law faces from several directions....
Ron Friedmann,
8 years ago
3 min read
Should Law Firms Fear Losing Clients? (Altman Weil 2016 CLO Survey)
Should law firms fear losing clients? Many do already but just how much should they worry? The 2016 Altman Weil CLO Survey provides insight. The report opens with worrying data: 53% of law departments say they shifted a portfolio of work worth $50,000 or more because of a client...
Ron Friedmann,
9 years ago
2 min read
Delivering what clients want + getting paid for it (Live from #COLPM Futures)
This is a live blog post from the College of Law Practice Management 2016 Futures Conference (link to PDF of agenda). As a live post, please forgive any typos or misunderstandings of meaning. This session is How will we better deliver what clients want, and get paid for...
Ron Friedmann,
9 years ago
10 min read
Data Visualization for Law Firms (Live from P3)
This is a live post from P3, the Practice Innovation Conference. This session is Data Visualization for Law Firms. I have appended the session description and speaker bio at the end of this post. [I post this as a session ends so please forgive any typos or...
Ron Friedmann,
10 years ago
4 min read
Is Big Law Having Its Kodak Moment?
A recent report suggests Big Law is having its Kodak moment. Before the turn of the century, “Kodak moments” were good. That successful marketing slogan prompted many snapshots. Today, a Kodak moment more likely means a famous company with a fabulous brand and fantastic market share that misses new technology and goes bankrupt. (See,...
Ron Friedmann,
10 years ago
4 min read
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