Insights

The Insights series draws upon our collective consulting experience to address topics that we consider of current interest to the senior management of law firms.

A Return To Equity Partnerships?

A Return To Equity Partnerships?

The number of non-equity partners in law firms has expanded dramatically. In the US it has more than tripled in the largest firms over the past decade and increases of a similar nature are apparent in other jurisdictions.
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Creating A Culture Of Innovation

Creating A Culture Of Innovation

In our June Insight, we laid out the business case for innovation. We cited increasing client pressure to rethink operating models, a rise in substitutes for more traditional delivery of legal services, and a strategic opportunity to differentiate.
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Making The Business Case For Innovation

Making The Business Case For Innovation

Until recently, law firms have seen little need to innovate…Of course, those days are long gone, and while most law firms today recognize that it takes more than being a great lawyer to be a market leader, and a follower strategy isn’t necessarily a winning one, only a limited number of firms are seriously innovating.
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Managing Instability

Managing Instability

While some law firms have reported strong financial results over the last several years, others have struggled to the point of instability. For many leaders we speak to, the most startling feature of these recent declines is how rapidly they seem to come about.
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Finally Time To Deal With Pricing

Finally Time To Deal With Pricing

Back in 2008, we and other industry observers predicted that alternative fee arrangements would accelerate as the legal market dealt with decreased demand and price sensitivity brought on by the recession. We were only half right.
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