News & Events
News & Events
Litigation Still Pays, Even Without a Courtroom
Lisa Smith is quoted “This is one change a lot of lawyers think will stick,” said Lisa Smith, principal at Washington, D.C.-based legal consulting firm Fairfax Associates.
Big Firms Take Longview Approach in Expanding C-Suite
Lisa Smith is quoted “for innovation roles it really helps to have someone who understands the firm and the practice of law,” said Lisa Smith of Fairfax Associates.
COVID-19 Is Driving Long-Term Changes in Big Law for Remote Work, Fees, Hiring
Lisa Smith is quoted “A lot of firms are looking ahead, trying to think about what makes sense, and how lawyers have evolved their approach to practice,” said Lisa Smith, a principal at Washington, D.C.-based FairfaxAssociates. “To some extent, the firms that don’t do that, do that at their own peril…
Law Firm Merger Activity Appears to Be Bouncing Back
Fairfax is quoted “The decline in the number of mergers this year has been driven by a number of pandemic-related factors,” Fairfax said in a news release. “However, many firms remain committed to growth and expansion and are continuing to explore merger options. As a result, we anticipate that merger activity will resume to more typical levels in 2021.”
Will Pure Lockstep Partner Pay Survive The Decade?
Lisa Smith is quoted: “There may be some firms that are able to keep it and feel like it’s critical to their culture,” she said.
Can Law Firms Fix the Leadership Gap Before It’s Too Late?
Lisa Smith is quoted “You can’t teach leadership skills over a single lunch hour,” Smith says. “A lunch-and-learn is not going to move the needle. It needs to be more programmatic and more intensive.”
Pandemic Pushes Law Firm Mergers to Near 10-Year Low
Lisa Smith is quoted “Most firms will ride out the uncertainty and begin 2021 fresh,” said Lisa.
COVID-19 Brings Law Firm Mergers to a Halt
Fairfax Associates is referenced, “Tuesday’s report from Fairfax Associates, which found that the pandemic will dramatically impact the number of mergers that are completed in the second half of the year.”