Three days ago I tweeted “Poor odds: 24% of lateral partners leave firm that hired them within 3 years, nearly half within 5. Average cost of hiring a lateral is $1.7m per year trib.al/tyd7V8E Via @AmericanLawyer”
In today’s Remaking News
As befits a fine, independent mind from a leading academic institution, Richard Moorhead examines a critical issue: Trust in the integrity and ethics of professional practitioners, particularly when their firm is a leading ‘name’.
The leaders of large law firms
In Remaking News of the Week, Tom Rodenhauser questions the veracity of the belief that that ‘clients…will flock to the Walmart/Amazon/Google of professional services‘ – the so-called one-stop shops epitomised by the Big Four.
His op-ed appeared in Consultant News on
Law is lagging in digital transformation by Mark Cohen adds to Dialogue’s focus on digitalisation. Last year I featured a new book by MIT’s Peter Weill and Stephanie Woerner, What’s Your Digital Business Model?. I stressed its relevance to law firms and law departments;
10 legal services marketing trends to watch this year by Heather Suttie is my choice of the many 2019 watch lists on BigLaw. It’s a compelling, commonsense synthesis.
Last year turned out to be relatively good for many firms, at
Why and how to switch to value pricing was published as 15 big questions for law firms making the switch to value pricing on John’s My Perspective blog on December 6, 2018 and before that on Law Management Hub on
Design thinking is essential for effective solutions is Patrick (Pat) Lamb’s first post on Dialogue. In the last 20+ years we have witnessed Pat’s NewLaw journey, most recently integrating his law firm into Elevate.
Coyle began his response by reversing
Back in June 2017 I wrote about the views of Jon Molot, Chief Investment Officer at Burford Capital on BigLaw partnerships, their (lack of) capital structure and the deleterious effects of short-termism.
At Validatum, we usually begin our Partners Pricing
Remaking News of the Week: Exigent’s 2019 watch list is worth down-loading. The provocative thought-piece begins: “There’s no more time for timid guesstimates.”
David Holme, Exigent’s Founder/CEO, shares his candid views on how 2019 will change the legal industry
A not so rosy take on US BigLaw 2018 performance is Mark Cohen’s myth-busting analysis of the 2019 Citi Hildebrandt Client Advisory annual survey of US law firm fiscal performance.
Mark opens by observing ‘The most recent Citi Report drew
