Last fall, a 150-year-old British corporate services provider and legal publishing company transformed itself into a licensed law firm thanks to permissive UK legislation. Jordan’s Ltd. successfully applied for an Alternative Business Structure license from the Solicitors Regulation Authority, allowing the company to add a corporate law division to its ongoing range of services in
Legal
MOOCs (Massive Open Online Courses) and The Future of Education
Andre Dua, a director in the New York office of the global management consulting firm McKinsey & Company, recently explored the ramifications of the growth of “Massive Open Online Courses,'” commonly known as MOOCs.
The online delivery of MOOC learning systems makes them cost-effective, and accessible to students from around the world. Some of…
Sebastián Carey: IT and the Legal Field in Latin America
I recently had the pleasure of visiting with my good friend Sebastián Carey – one of the world’s leading experts on technology and the law – at his home in Chile. We talked not only about the latest developments in legal IT, but also about the new interest of law firms from the UK, the …
Edge International’s Bithika Anand sponsors India’s first-ever conference for both law firms and legal departments
I am delighted to announce that Edge International’s Bithika Anand, founder of India’s Legal League Consulting LLC, will host the first-ever management event for India’s legal industry to include both law firms and legal departments.
Presentation and discussion topics include strategies of firm governance, mergers and acquisitions, and dealing with an economic downturn.
The one-day …
“Mass Layoffs at a Top-Flight Law Firm” – NYTimes.com
An article about severe cutbacks at a major U.S. law firm, which included the termination of 30 associates and 110 support staff and cuts to partners’ salaries, recently appeared in the “DealBook” section of the New York Times. The piece raised a general alarm about the financial challenges facing the legal profession, quoting…
Managing Client Perceptions of the Billable Hour
A recent op-ed piece in The New York Times by Northwestern University Adjunct Professor Steven J. Harper explores the challenges and drawbacks – both to law firms and their clients – of determining legal fees on the basis of hourly rates. The article is interesting, and well worth your consideration.
Despite what Harper refers to…
Of Retreats, Power Tools, and Management Training
The October, 2012 issue of Edge International Communiqué is now available online.
The issue features timely articles by three of my partners at Edge International, and I am pleased to share their guidance with readers of Amazing Firms, Amazing Practices.
Ed Wesemann gives us five tips for putting on a law-firm partner retreat…
How the digitization of legal services is affecting law firms’ bottom lines: and what you can do about it
Chris Bull – Edge International partner and author of The Legal Process Improvement Toolkit – is worried. He believes that law firms everywhere are failing to take sufficient notice of recent massive changes to consumer attitudes and technologies – changes that are already having a major impact on the practice of law. Bull…
Will the Legal Profession Use the World’s First Temporal Analytics Engine?
I met virtually with Recorded Future this morning for a close up briefing of how their Temporal Analytics Engine might be used by law firms. Firms who use this can better predict the needs of their own clients and prospective clients as well. There is so much more that this technology can do if used effectively…