Do Large Law Firms Work Differently from Each Other?
I wonder if lawyers at large law firms practice differently. With all the discussions about strategy and competitive differentiation, I rarely read about how lawyers do their work. And I believe this matters more than the market thinks. What do I mean by how lawyers work? Examples...
Ron Friedmann,
10 years ago
3 min read
Disruption is Dead but Change Lives – What Big Law Needs to Do to Succeed
I will start the new year with thoughts about the future. I see continued evolution of the Big Law market. That evolution is nicely captured in the Citi Private Bank – Hildebrandt Consulting LLC 2015 Client Advisory (PDF), which I summarize and comment on here. I...
Ron Friedmann,
11 years ago
4 min read
Maintaining Profitability with New Approaches to Legal and Business Support
Today I presented at the ALA 2014 annual conference on Maintaining Profitability with New Approaches to Legal and Business Support. The slides are below. I previously provided a preview of the talk in my March 2014 blog post, Steps to Survive the Coming Competition. Topics I cover include new forms of competition, steps...
Ron Friedmann,
12 years ago
1 min read
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
Reducing Big Law Overhead: Just Cut? Or Re-Think?
Legal demand is flat and large law firms face price pressure. So management has cut Big Law overhead to maintain profits. Above the Law published a graphic summarizing 2013 first-half cutbacks. In the second half, I found 17 ATL reports on AmLaw 100 firms that cut...
Ron Friedmann,
12 years ago
3 min read
Will Law Firms of the Future Have Legal Secretaries?
I initially called this post The Evolving Role of Legal Secretaries. Then I realized that “evolve” suggests a continuous process but what we see today seems a discontinuity, an abrupt change. I am not sure though, that large law firms understand just how profound the...
Ron Friedmann,
12 years ago
2 min read
Lawyer Productivity in Alternative Fee Arrangement (AFA) World
One reason that clients of large law firms want alternative fee arrangements (AFA) is to drive efficiency. The right AFA structure motivates firms to maximize productivity. In AFA World, what does productivity mean and can firms improve it? In Billable Hour World, “productivity” means annual...
Ron Friedmann,
13 years ago
3 min read
Comments on and Implications of Secretarial Cutbacks in Large Law Firms
Last week in Client Service Lessons from a Large Law Firm Secretarial Cut I wrote about law firm secretarial cutbacks and the implications for client service. Three readers, each an accomplished blogger, commented on the post, which I reproduce here, plus my own observations on...
Ron Friedmann,
14 years ago
3 min read
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