You Can Ignore 5 of These Trends: But Only 5

Technology can be a blessing and a curse and, while my feet are firmly planted in the former camp, that’s not why I’m writing what, I hope, you are about to read.  Because it is about technology.  I’m writing it for two reasons:  I...

On Schumpeter & BigLaw

In times of accelerated turmoil such as those we’ve been living through and which appear likely to continue, to the eye’s visible horizon, it can be useful to return to first principles. So, herewith, a quick precis of Joseph Schumpeter’s famous...

Law Firm Business Models #2: Boutiques

For the second installment in our series on Law Firm Business Models, we turn to boutiques. Boutiques, as a player on the landscape of industrial structure, are a familiar character. Boutiques, in fact, exist in countless industries, and seem capable of thriving in a...

First in Our “Law Firm Business Models” Series: Regional Firms

Here the first in what I plan will be a series on Law Firm Business Models. Today’s topic is Regional Firms, and the focus of essentially every one of the columns in this planned series will be a discussion of whether the business model under examination is...

Law Firm Business Models: A New Series

According to the most recent fossil record discoveries, life on Earth dates back about 3,450-million years. But for about the first 85% of that time span, organisms were extremely simple, composed of individual cells, occasionally organized into colonies.  Pretty...
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