JD’s vs. MBA’s & The Eagle vs. The Team

"As with most significant changes in a law firm, change is driven by clients."  So says the estimable Doug Caddell, CIO of Foley & Lardner.  The specific change he has in mind—and which he forecasts with confidence will come...

CRM vs. “Knowledge is Power”

Client relationship management (CRM) systems have achieved ubiquity in F1000 firms, but their usefulness, and even their feasibility, in law firms has been, shall we say, less certain.  [Jargon time-out:  "CRM" systems are designed to capture, in...

Lawyers, Economists, and the Law of Unintended Consequences

Stories that provide real-world confirmation of our core beliefs are all but irresistible—even if fundamentally intellectually unchallenging.  Two of my core beliefs about analyzing policies at the intersection of law and economics are: a "static"...

“We Don’t Need No Stinkin’ Strategy”

Rare is the law firm that goes through the hard, nay soul-searching, work of developing a strategic plan.  The good news is that for the huge majority of firms none is needed:  They’re small, local shops; or they pursue the specialties and interests of...

The Dynamics of Conflicts

"Wanted:  Law Firm to Sue the UK’s Big Five Banks" is the headline of this piece at The Lawyer.  They report that, per their "research," 26 of the top 30 UK firms in the "Lawyer 100" are conflicted out of acting against...

Headhunting Your Next Managing Partner?

A contested election for managing partner?!  If your reaction is quelle horreur, perhaps you should think of taking a page from corporate-land and imagining not only that the race for the top spot might be competitive, but imagining that an outsider with a track...
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