“The future is already here—it’s just not very evenly distributed” observed William Gibson, the noted science fiction writer. He was not referring to the legal industry but could have been.... read more →
Big Law has demonstrated remarkable resilience. It has weathered financial crises, economic downturns, the Big Four, automation, social change, corporate digital transformation, and the Pandemic,. Big Law channels Mark Twain—... read more →
Michael Corkery’s recent New York Times article, ‘Is Retail at a Historic Tipping Point?’ is well worth the read. It describes the retail industry’s rapid transition from stores and malls to online... read more →
Competition for corporate legal work is keen. Law firms vie with each other for a shrinking segment of outsourced legal work. Corporate legal departments and a growing array of well... read more →
Miles van der Rohe, the noted architect, remarked: “Architecture depends on its time.” The same can be said about business structure--it depends on its time. A paradigm shift is occurring.... read more →
Mark Twain said, ““Nothing so needs reforming as other people's habits.” So, can big business kick its habit of retaining law firms to handle a majority of its legal matters?... read more →
India is about to open its legal market to foreign-based firms. This is not a sudden development; India was a signatory to the 1995 General Agreement on Trade in Services... read more →
It’s hardly news that the once-cozy relationship between BigLaw and corporate legal departments has morphed into something quite different. In Facebook terms, it’s gone from “in a relationship” to “it’s... read more →
Last week I wrote an article analyzing the principal reasons why corporate legal departments are taking on so much more work themselves instead of outsourcing it to law firms. This is,... read more →
Joe Andrew, Global chair of Dentons, outlined the firm’s strategy in a recent video. It has two prongs: (1) Dentons maintains its status as the world’s largest law firm; while it... read more →