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
Legal Market and Large Law Firm Trends from TRI COO – CFO Conference
This is a live blog post from the Law Firm COO & CFO Forum by Thomson Reuters. The opening session is The Market Setting – Trends Driving New Approaches to Legal Practice, which covers large law firm trends and the legal market.. The presenters are...
Ron Friedmann,
11 years ago
8 min read
Big Law Changing or Being Disrupted?
The legal market has seen a running debate since the economic crash: is Big Law being disrupted? My short answer is no, it’s only changing. It’s not the three conferences in February alone on this question that prompt me to write today. Rather, it’s the appearance...
Ron Friedmann,
11 years ago
3 min read
Legal Knowledge Management (KM) Trends Today
by Joshua Fireman & Ron Friedmann INTRODUCTION My business partner Joshua Fireman and I recently co-moderated a roundtable of large, NYC-based law firms to discuss legal knowledge management trends. HP Autonomy hosted the event with Matt Cleverdon, Solutions Manager: Legal & Professional Services, and Dan Carmel,...
Ron Friedmann,
12 years ago
6 min read
Does Citing Professionalism Protect Bad Lawyer Habits?
The legal press and blogs lit up this week when Dentons decided not to report profits per equity partner to the American Lawyer. The PEP discussion I leave to others. I found more interesting a reason Dentons gives: “a focus on profit undermines the differences between the practice of...
Ron Friedmann,
12 years ago
1 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
Adopting Legal Project Management at Gowlings – Case Study in Change Management
Until 2008, large law firms experienced ever-increasing demand and hourly rates. Success was easy – just avoid big blunders. That’s not true today. Clients now have market power and want better value. Today, to keep and win business, firms must deliver value. Legal project management...
Ron Friedmann,
12 years ago
4 min read
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