News & Events
News & Events
Challenges for Specialist Firms
Thomson Reuters, London, October 2011
Greater Variability for Greater Fairness?
Partner Compensation
London
An Overview Of Partner Compensation Systems
Kristin Stark (audio event) Published by Center for Competitive Management I’ve been exploring the relevance of Porter’s Five Forces in recent blog posts. One of those forces – Threat of Substitutes – has the potential to be a disruptor for the legal...
Seeing the Market Through Clients’ Eyes
International Segmentation
London
Preparing for a Restructured Market
Intellectual Property Managers, London, May 2011
The Asian Legal Market: Emerging Models & Strategies
Legal Executive Briefing, Hong Kong, March 2011
The Economics of Partnership
ABA Partner & Corporate Counsel, Philadelphia, February 2011
Trends in the Profession and Predictions for the Future
Managing Partner Roundtable Atlanta, February 2011 Fairfax Associates Fairfax Associates brings together the skills of highly experienced professional services consultants with particular expertise in law firms. Contact Us London Washington, DC. California Connect...
Small Law Firms, Solo Lawyers Strain for Relief in $350B Pandemic Loan Program
Lisa Smith is quoted. “Every firm I have spoken to that meets the size criteria says they’re applying,” said Lisa Smith, a principal at the law firm consultancy Fairfax Associates. “You can probably throw a dart to any firm with 200 lawyers and probably find one.”
‘It’s a Full Stop’: Law Firm Mergers Slow Amid COVID-19
Lisa Smith is quoted. “From what we’ve seen, most of the discussions that were happening have had to be put on hold. A lot of it does rely on face-to-face meetings,” Smith said. “For good reason, firms are very much focused on business continuity and operating their firms successfully. The ability to have the bandwidth to look at merger discussions as well as manage a business effectively just isn’t there.”
Big Law Has Saturated the Biggest U.S. Cities. Where Is the Next Frontier?
Lisa Smith questions whether a city like Boston can be considered insulated anymore because of how many national firms have set up shop there.
From Drinker to Duane Morris, What’s Behind a Wave of Healthier, Faster Law Firm Combinations?
Lisa Smith is quoted. “These were all firms that were performing well, have good rates and strong balance sheets and all those things,” Lisa Smith, a consultant at Fairfax Associates, said of the recent mergers. “these firms are operating from a position of strength in that they didn’t have to do anything.”