Law rms. Redesigned.

Welcome.
Lets start with a quick

9 redesigns to transform law rms into a modern force.

Redesign 1

Globalize operations.
Globalize without sacricing quality of work product.

Repetitive, detail oriented, reoccurring tasks are easier to globalize. Dene the right reporting structure and expectations.

Redesign 2
Rethink associate compensation.
Tenure based to contribution based. Reward Responsiveness within minutes, if not hours, at most a day. Identify & reward scal and business talent, even if from new associates.

Redesign 3

Hire JD/MBAs for management functions.

Partners in a law rm should elect a President (with term limits).

Ideally, President should be a JD/MBA. No billing responsibilities. Ability to bind direction of the Firm, instead of entire partnership vote.

Redesign 4
Broadcast goodwill through the web
Talks

Create leverageable goodwill by recording and making accessible events through the web. Let the community use your legal conference space for free for events beneting community. Live event (CLEs, Client Events) should be broadcast and archived through YouTube. Hire a full-time video production person, ensure quality videos are recorded and broadcasted to solidify reputation and goodwill.

Redesign 5

Invest in retail access to law, not lobbies.

Create destination retail experiences that enable your rm to operate on Main Street or at MNC sites where your clients are. Be accessible during retail hours, nights and weekends. Change the paradigm of what your law rm is, and how to access it. Public good and legal help get more closely associated.

Redesign 6
Clients should be able to transparently view your calendar free time and book time with you.

Calendar visibility to clients.

sel n u o C

Cal

Legal dream teams may span rms.

Corporate clients may build their own dream teams by leveraging attorneys directly that span dierent rms. Who benets are those attorneys that specialize and develop a reputation as experts in their focused areas.

Redesign 7

Redesign 8
Preventive care as a function of subscription rates.
Corporate clients may desire predictability in their outside counsel spend by requesting xed yearly subscriptions with law rms.

Redesign 9

Predictive Intelligence.

Predictive intelligence such as that by Lex Machina and being developed by Judicata changes how law rms present and evaluate risk. Ends at stalemate.

Questions?
Thank You.