Posts in The Imperative for Change
The Imperative for Change

The imperative starts with corporate clients. The pressure they are under to reduce spending will be focused as intensely on legal spend as any other. Procurement departments are commonly involved in decisions concerning legal expenses. Market data shows that clients are paying less per unit of value delivered. The pressure to deliver quality legal service for lower fees is part of a new reality.

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The Best of Times… The Worst of Times

The current legal landscape presents stark contrasts—it is at once the best of times and the worst of times, as Dickens would have put it. It is the best of times in at least two respects. First, many participants are doing very well financially, especially the largest law firms and the most successful specialty firms. Second, as I wrote last week, technology and other developments present unprecedented opportunities to improve the quality and lower the cost of legal service, while simultaneously improving the financial and personal rewards for those who deliver it.

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‘A bright new world lies ahead’ for law and its practitioners

I spent the last 40 years in the delivery of legal service. First as a lawyer, then as a practice group leader, then as chairman of a large law firm. During that time I did my share of changing how the law works and how that service is delivered. In the next chapter of my professional life, I intend to continue to be a catalyst for change. A catalyst for improving the way legal service is delivered and for making careers in legal service more rewarding. My blogs on LEI are intended to generate thought and debate which will further these overarching objectives.

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Not Everything Is Going to Change

Most discussion of the future of law (including my blog posts) focuses on how different things will be. That’s appropriate. We need to understand the changes the world of tomorrow will require. We should not lose sight of the constants, however. Some of the elements of law practice which lawyers value most and find most rewarding—such as quality of service and client relationships—will continue to be at least as important in the world of tomorrow as they are today. Indeed, those two elements are worth noting in particular.

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