Managing the Modern Law Firm New Challenges, New Perspectives
The last ten years have been a period of extraordinary change for law firms. The rapid growth of corporate law firms and the emergence of global mega-firms such as Clifford Chance, Linklaters, and Freshfields, have strained the traditional More...
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Publisher: Oxford University Press, Incorporated
Size: 6.50" wide x 9.50" long x 1.00" tall
The last ten years have been a period of extraordinary change for law firms. The rapid growth of corporate law firms and the emergence of global mega-firms such as Clifford Chance, Linklaters, and Freshfields, have strained the traditional partnership model of management. Some managers of law firms are appalled at the creeping 'corporatism' that they fear may result. However a growing number believe that it is time to move on and adopt more contemporary forms of structure and management. Successfully meeting the challenges of this new business environment is vital for the continuing prosperity of law firms. Featuring contributions from both management researchers and legal practitioners, Managing the Modern Law Firm presents the latest insights from Management Studies in an approachable, practical, and relevant manner for lawyers and other professionals involved directly and indirectly with the management of law firms.
|List of Figures|
|List of Tables|
|Notes on Contributors|
|Introduction and overview|
|Your partnership: Surviving and Thriving in a Changing World: The Special Nature of Partnership|
|Your people: Valuing Diversity: Some Cautionary Lessons from the American Experience|
|Your expertise: Developing New Practices: Recipes for Success|
|Your client relationships and reputation: Weighing the Worth of Social Ties: Embeddedness and the Price of Legal Services in the Large Law Firm Market|
|Your income: Determining the Value of Legal Knowledge: Billing and Compensation Practices in Law Firms|
|Your capital: Building Sustainable Value: A Capital Idea|
|Your competitors: Mapping the Competitive Space of Large US Law Firms: A Strategic Group Perspective|
|Your ethics: Redefining Professionalism? The impact of management change|
|Your challenge: Sustaining Partnership in the Twenty-First Century: The Global Law Firm Experience|