Earlier this week I asked US lawyers to see if their firm was on the list below. The purpose was to show that there is a huge, untapped value base within each of these firms that can easily be turned into a profit centre (after so many years in the US, I should really know [...]
http://www.youtube.com/watch?v=cv8o3LM8gm4&feature=youtu.be See the video here The Bingham McCutcheon announcement has stuck in my head for the last week or so. I know that every client situation is different, but I also thought the legal world had changed. Here’s why I have issues with their strategy.
The lowest investment I’ve ever seen a Law Firm make to establish a centralised delivery centre, of any more than 50 people, is about $3m – and that is on the cheap side. I’d love to know how much Baker & McKenzie or Clifford Chance invested to establish their offshore delivery centres.
I do make it a point of principle to share and promote all educational materials that come across my (online) desktop. With an active newsletter readership of 2000+ it gives a unique distribution channel for LPO content. I don’t endorse or vet it, nor do we get paid to do this, so it does come [...]
Having grown up in a world that has seen such seemingly permanent things collapse – the Soviet Union, the Berlin Wall, Arthur Andersen, Merrill Lynch and, yes I am/was a fan, Glasgow Rangers – nothing should surprise us. On a micro level other things change faster. A very good friend shares an office with a [...]
Is your firm on the list below? If so, read this article with an open mind. There are huge opportunities available – but it takes nerves and a belief that “if you don’t cannibalise your business, then a nimbler, lower cost solution will do it for you”. The core facts are as follows: