Law Firm Strategies for the 21st Century

Strategies for Success, Second Edition

Inbunden, Engelska, 2020

AvChristoph Vaagt,Christoph H Vaagt,Christoph H. Vaagt

1 719 kr

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As the legal landscape becomes increasingly competitive, it is clear that law firms do not always do enough to remain at the top of their game. Firms that have embraced the challenges presented by increased competition are undeniably in a better position than those that have not.This title aims to help partners understand what they can - and what they should not - do to chart the course of their firm most effectively, and covers current topics such as digitalisation and the emergence of new competitors from outside the market. Keeping abreast of market developments is an essential part of law firm management and this edition focuses on helping partners, and their teams, to develop the right strategy.The second edition of this practical title in Globe Law and Business's series on the business of law offers up new ways to think about strategy and how to explore it in the context of a partnership. It includes contributions from leading academics, consultants and law firm partners who share their insights and experience in strategy development and management.Whether you are a managing partner of a small, medium or large law firm, this book offers a variety of viewpoints in a comprehensive single volume. As well as partners and their teams, it will also prove useful for consultants and academics in developing research in this important area.

Produktinformation

Utgivningsdatum2020-09-28
Mått160 x 240 x 22 mm
Vikt552 g
FormatInbunden
SpråkEngelska
Antal sidor271
Upplaga2
FörlagGlobe Law and Business Ltd
ISBN9781787423022

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Introduction 5Christoph H VaagtLaw Firm Change ConsultantsPart I. General aspects of law firm strategiesStrategies of small, midsize and larger law firms: does one size fit all? 7Christoph H VaagtLaw Firm Change ConsultantsStrategy in law firms: what it is and why we should care 31Bente R LowendahlBI Norwegian Business SchoolDrivers of change - driving strategy in law firms 45Mats AndersonSupreme Administrative Court (Sweden)How to drive change in a partnership setting 59Wolf-Peter GrossLaw Firm Change ConsultantsPart II. Resource-side strategiesResource-based approach to strategy: what makes your law firm unique today and tomorrow? 75Dina GrachevaIndependent strategy consultantThe role of professional ethics in shaping law firms' strategy 83Tomasz WardynskiWardynski & PartnersImplementing a smart collaboration strategy 95Heidi K GardnerHarvard Law SchoolIvan MatviakGardner & CoBusiness model transformation as a tool for driving strategic innovation and growth 115Robert MillardCambridge Strategy GroupMatter management in law firms - the emergence and impact of legal project management 149Ignaz FuesgensmartvokatLegal tech as a factor in strategic law firm development 179Felix DetteMETIS Rechtsanwalte PartGmbBPart III. Market-side strategiesWinning and keeping clients 189E Leigh DanceELD International LLC Global Counsel LeadersReputation management in professional service firms 199William S HarveyUniversity of Exeter Business SchoolTimothy MorrisMichael SmetsSaid Business School, University of OxfordHow to merge: lessons from 20 years of law firm mergers 217Lisa R SmithFairfax AssociatesHow to screw up your international expansion: a 15-step guide 231Robert C BataWarwickPlace Legal LLCProfessionalising the pricing and procurement processes 247Richard BurcherValidatum (R) and Virtual Pricing Director (R)Silvia Hodges Silverstein Buying Legal Council Columbia Law SchoolAbout the authors 263

Inspiring combination of varying perspectives on relevant strategic issues and practical deep-dive on some topics. In particular, excellent highlighting of the importance of collaboration. -- Nora Teuwsen Today's transformation of the legal market is accelerating and more complex than ever. Applying a strategic approach does not only decrease uncertainty but improves the management of the inevitable change. This book provides practical and useful insights and offers an excellent source for further inspiration to anybody willing to proactively steer their own law firm's development and future. -- Bruno Mascello