At The
Intersection
Where General Counsel and Law Firms Connect

Monthly Archives: April 2011

Double Vision: Evolving Perspectives on Law Firms

Posted in Alternative Fee Arrangements, General Counsel, Law firm practices, Legal Spend, Outside Counsel

If the legal profession is indeed driving toward a “new normal,” it has not yet resolved which road it will take. On one hand, the Goliaths continue to bulk up, and there clearly is a lot of life left in the Big-Bigger-BiggestLaw model. 2010 was a dormant year for mergers, but in 2011 the big… Continue Reading

General Counsel Colloquium

Posted in General Counsel, Law firm practices, Legal Project Management, Legal Spend, Outside Counsel, Request for Proposal

Thanks to one savvy GC for the great suggestion that At the Intersection provide a periodic summary of the posts for corporate counsel.  Here then is the roll call (in reverse chronological order): The Client’s New Voice No Place to Hide Warning Bells Legal Project Management Moves In-House An Open Letter to General Counsel in… Continue Reading

Drivin’ the Legal Project Management Road

Posted in Law firm practices, Law Firm Profits, Legal Project Management, Outside Counsel

The managing partner of a large firm has just called with my most common FAQ: “So what’s the best way for us to implement Legal Project Management (LPM)?  How do we gear up and get up to speed quickly?” Appropriating his automotive metaphor, I said that while I understood the desire to accelerate quickly, the… Continue Reading

Bodycount

Posted in Law firm practices, Law Firm Profits, Legal Spend, Outside Counsel

The glowing reports of law firm profits that have occupied recent headlines may make it seem like the legal industry is returning to the “Way We Were” in the pre-2007 Golden Era, and everyone can breathe easy. Here’s a sampling of those headlines: In 2010, Fried Frank’s profits per partner surged 28% to $1.6 million.  Gibson Dunn’s… Continue Reading