Blog Center

Mar 02

Self-Regulation and Corporate Law

This is the second of a two-part consideration of the affects of self-regulation on the legal industry.  Last week's post focused on retail law; this post examines the corporate segment. To compare the impact of self-regulation on the corporate and retail legal segments is to invite the conclusion that lawyers operate... read more →
Feb 24

Self-Regulation and Retail Law

This is the first of a two-part overview of self-regulation in the U.S. legal market. This installment focuses on the retail segment; the corporate side will be the subject of the second part. Lawyers in the retail segment of the legal market have priced themselves beyond the reach of most... read more →
Feb 17

What a long, strange trip it’s been.

The phone started to ring shortly after the press reported that Clearspire had died. In fact, it had been sold, but that was of no moment to anyone other than our employees and investors. We had swung for the fences and hit a long fly ball caught at the warning... read more →
Feb 09

Practical Suggestions for Law Schools and Recent Graduates

The Problem in Context  The crisis in legal education–particularly for law students and recent graduates–is well known and has received considerable media coverage extending well beyond the legal arena. Though some consider it symptomatic of a larger broken educational model, legal education is particularly noteworthy because it is post-graduate, professional... read more →
Feb 02

Law Firms, Condominiums, and A New Model Law Firm

“Lawyers are Condos” I was invited to breakfast the other day by an old friend who is the Managing Director of one of the nation’s most powerful lobbying shops. He has a law degree but never practiced--not in the narrow sense, anyway-- opting instead to become a political operative, first... read more →
Jan 26

Disruption Interruptus – Part 2

Legal Disruption at the Margins Last week's post discussed how the legal vertical is primed for interruption. So why hasn’t something big happened yet? If we follow Clayton Christensen’s theory of disruptive innovation, we can identify change at the margins: the rise of legal service providers. They have wrested “high... read more →
Jan 19
Jan 12

Consulting with Consultants

Some friends who run a successful legal consulting boutique called me the other day to wish me a Happy New Year, to catch up, and to talk about their marketing plans for the coming year. “We have decided to concentrate on the AmLaw 200,” one of them said, “so where... read more →
Dec 22

A Holiday Wish List for the Legal Vertical

It’s that time of year again when gifts are exchanged–and returned; resolutions are made–and quickly breached; and hopes for the future abound–so long as one does not watch the news or follow social media. So in the spirit of the season, and recognizing that what follows is decidedly aspirational, here... read more →
Dec 15

A Broader View of Change in the Legal Marketplace

Law is not an Island Much has been written about the causes and effects–immediate and longer-term–of change in the legal marketplace. Such analysis is a busman’s holiday for lawyers who have a proclivity for identifying “issues” (read: “problems”) but are far less likely to advance solutions. Most everyone agrees by... read more →