Though clients once unquestionably belonged to partners, many legal leaders want to shift ownership over to the business as a whole – which creates tension, since a partner’s value rests on his or her client following. But clients should be shared across the business, because as long as they’re ‘owned’ by partners, firms can’t find out what other services they might need.
Last month, I had the pleasure of attending and speaking at the MER Conference in Chicago. The annual event is one of the largest educational conferences focused on addressing the ever-present challenges of managing electronic records from the legal, technical and operational perspectives.
Alex Soojung-Kim Pang breaks his book into two parts: stimulating creativity and sustaining creativity. After researching some of the greatest creative and productive characters in history, he found that most engaged in only four hours ‘work’ a day, napped regularly, got plenty of sleep, had a reliable routine and walked for miles most days.
LPM magazine's Slaying the discount dragon supplement looks at how SME firms can drive profitability by using better data analysis and client communications to stop discounting, with insight from issue sponsors DW Reporting and Wilson Legal.
This issue we’ve covered the 2017 LPM London conference – exploring how law firms can break down barriers to ensure they’re ready for an uncertain future according to senior managers from Excello Law, Setfords Solicitors, Scomo, Imperial College London, KPMG, Accesspoint and The Jackson Canter Group, among others.
An increase in diversity in UK law firms is happening, albeit slowly. Part of the reason for this lethargy may be societal. For many millennials, the issue of inequality is simply not on their radar – and this notion stays with them until inevitably, the question of family arises.
“Ashurst falls short of 40 per cent female target in 19-strong promotions round,” is the lead headline on an April email news update from The Lawyer. Further down the bulletin another headline reads, “Reed Smith announces agile working in London ahead of office ‘refresh’”.