The U S Market For Legal Services
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The U S Market For Legal Services
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Author :
language : en
Publisher:
Release Date : 1984
The U S Market For Legal Services written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1984 with Law firms categories.
The Variable Value Of U S Legal Education In The Global Legal Services Market
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Author : Carole Silver
language : en
Publisher:
Release Date : 2012
The Variable Value Of U S Legal Education In The Global Legal Services Market written by Carole Silver and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with categories.
Many U.S. law firms now claim to be global organizations, and they seek to occupy the same high status everywhere they work. In part, simply supporting overseas offices is an indication of status for U.S.-based firms. But firms want more than this and they strive for recognition as elite advisors around the world. In this pursuit, have firms identified a set of common characteristics and credentials that define a "global lawyer?" That is, is there a uniform and universal profile, or perhaps a set of assets that comprise global professional capital, which are emerging as the indicia of credibility and legitimacy apart from location? Given the U.S. identity of the firms, perhaps U.S. legal education is an element of the professional capital necessary to succeed on a global level. In this Article, U.S. legal education, specifically the U.S. LL.M. degree - a one-year post-graduate degree aimed at foreign law graduates - serves as an entry-point for unpacking the meaning of professional capital in the market for global legal services. This paper uses original data to develop a framework for analyzing the currency of U.S. legal education by focusing on two case studies, Germany and China. While the U.S. LL.M. signals value in each jurisdiction, the strength and shape of the signal is determined by host country context. "Global lawyers" become global only in context.
Winners And Losers In The Globalization Of Legal Services
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Author : Carole Silver
language : en
Publisher:
Release Date : 2005
Winners And Losers In The Globalization Of Legal Services written by Carole Silver and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with categories.
This article takes an empirical approach to the issue of how the U.S. legal services market is responding to globalization. It begins by considering the ways in which the domestic legal services market has internationalized by focusing on changes in legal education and examines the disconnection between U.S. legal education and practice opportunities in the U.S. The article proceeds to consider the ways in which U.S. law firms have become global organizations by offshoring their international identities, through the staffing of their non-U.S. offices with non-U.S. lawyers. Based on a database of more than 5,000 lawyers working in the offshore offices of 60 U.S.-based law firms, this article reveals this globalization strategy. Internationalization has been accomplished at local levels by most U.S. law firms. One consequence of this method of internationalization through offshoring is that the need for dual trained lawyers is minimal. While U.S. law schools attract increasing numbers of foreign lawyer students, U.S. law firms remain disinterested in hiring and training them. U.S. law firms have succeeded in going global by going local. As a result, the traditional power dynamics of most U.S. law firms, favoring domestic lawyers to the exclusion of those with foreign expertise and experience, has been preserved.
Rethinking Regulation And Innovation In The U S Legal Services Market
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Author : Ray Worthy Campbell
language : en
Publisher:
Release Date : 2015
Rethinking Regulation And Innovation In The U S Legal Services Market written by Ray Worthy Campbell and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with categories.
For decades, academics have argued that the US system for regulating the practice of law inhibits innovation. Despite that academic consensus, we live in an age of unparalleled innovation in the way legal services are provided to clients in the United States. What gives? How can we live in a regulatory environment that prevents innovation, and have such an abundance of it? Where is this innovation coming from, and from whence might more innovation come? The answers are neither simple nor obvious. Understanding this changing landscape requires a close look both at how innovations take root and at the US system of legal regulation. This article first looks - as no one else has - at legal services innovation in the light of current disruptive innovation theory. This article next looks at the US regulatory scheme. It finds creeping de facto deregulation on the corporate side, and a previously unreported spate of regulation by class actions on the individual consumer side. Finally, this article, taking into account both disruptive innovation theory and the regulation of lawyers, illustrates how these forces interact by analyzing the prospects for several possible innovations in the legal services market. The analysis helps illustrate how regulations can interact with market structures and business models to determine where innovation might flourish.
The Law Firm Of The Future
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Author : John M. Westcott, Jr.
language : en
Publisher: Edward Elgar Publishing
Release Date : 2018-09-28
The Law Firm Of The Future written by John M. Westcott, Jr. and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-09-28 with LAW categories.
During the “golden age of law firm growth” from the late 1960s until 2007, most large law firms adopted a default growth strategy, increasing practice areas and offices, aided by the momentum of the tail winds of law firm growth. Since the recession of 2008-2009, however, the legal marketplace has drastically changed. In this timely book, Jay Westcott suggests strategic building blocks that firms can adopt in order to adapt themselves to this radical change and prosper as lasting institutions.
Avoiding Extinction Reimagining Legal Services For The 21st Century
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Author : Mitchell Kowalski
language : en
Publisher: iUniverse
Release Date : 2016-04-21
Avoiding Extinction Reimagining Legal Services For The 21st Century written by Mitchell Kowalski and has been published by iUniverse this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-04-21 with Law categories.
“Mitch Kowalski has translated his considerable understanding of tomorrow’s legal profession into an original, provocative and entertaining narrative.” —Professor Richard Susskind, author of The End of Lawyers? “This is the most innovative law practice management book I’ve ever seen. Mitch has deftly combined an engaging novel about the lives of working lawyers with an illuminating treatise on how law firms must respond to extraordinary change in the legal marketplace. Avoiding Extinction is as entertaining as it is instructive -- and it couldn’t be more timely.” —Jordan Furlong, Partner, Edge International “This is a must read for managing partners, and for all lawyers under the age of 50. Written as a parable, once you pick it up it’s difficult to put down. And it literally screams relevance to the lives of those lawyers today who worry about the sustainability of the current model of legal practice. Big firm or small. City or rural – no matter, this book is for you. Can the law be both a profession and a business? Is it possible to escape the tyranny of the billable hour? Is it realistic to imagine being a truly happy lawyer in private practice in the twenty-first century? You bet – and Mitch Kowalski shows us how! —Ian Holloway QC, Dean of Law, The University of Calgary “Avoiding Extinction is the most original, far-thinking and innovative book on transforming the way that law is practised that I have ever read. Mitch has taken the traditional law firm and turned it upside down. In the process he has reworked the law firm model and given us an insight into how a firm could be structured and run. If you are looking for a creative vision into what a new, truly different law firm could look like, then this book is manna from heaven.” —David J. Bilinsky, Practice Management Advisor, lawyer and writer on law practice management and technology. Creator of the law blog, Thoughtful Legal Management.
New Suits
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Author : Michele DeStefano
language : en
Publisher: Stämpfli Verlag
Release Date : 2019-06-15
New Suits written by Michele DeStefano and has been published by Stämpfli Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-06-15 with Political Science categories.
"Time to Leave Law-Law Land ... and Head Back Into the Jungle" Fuelled by advancing technology, new business models, and altered client expectations, the legal industry faces unprecedented change across its entire value chain. Unfortunately, many legal professionals fear the technology train and the convergence of other fields with law. They see legaltech, AI, and bots like "lions and tigers and bears oh my." We (the curators and authors of this book) see opportunity. Although the future may require us to put on "new suits"—it represents an enormous opportunity for lawyers to reinvent ourselves for our own and our clients' benefit. Filled with chapters written by experts in the intersection of law, innovation, and technology, this book provides a global perspective on the diverse legal service delivery ecosystem that will be our future. It provides chapter upon chapter (reason upon reason) explaining why lawyers can and should increase their appetite for disruption in the legal world. So welcome to the jungle and enjoy the ride as we attempt to systematically map the uncharted waters of the future legal realm and simultaneously inspire you to build a new future in law. Endorsements "The 'Artist Formerly Known as the Legal Profession' isn't what it used to be. You think that you know law firms and the challenges that confront lawyers, but you don't. Legal services providers have spent years resisting change, and now seem determined to pack fifty- or sixty-years of evolution into five. The entire legal services market has been transformed by LegalTech, globalization, and new delivery models – and until now there has been no guide to the way that consumers can benefit and providers can profit from the changes. Guenther and Michele have gathered a Who's Who of thinkers to provide a marvellous range of visions of the way that law is changing. They provide a roadmap for the future of law – if only you'll follow it." Professor Dan Hunter PhD FAAL, Foundation Dean, Swinburne Law School "'Nomen est omen' if you read the book title of 'New Suits'. It encourages, allows and requests lawyers at all levels to rethink their former and existing ways of doing business in many areas of law. In the same, it outlines great opportunities to a new breed of experts in our profession. Thanks to the various authors, one gets a good understanding of how massive the impact of technology has become – and is going to be - to the legal services market. And the authors provide a distinct view of how a rather traditional profession will have to transform their business models to comply with the fast changes in the marketplace." Jürg Birri, Partner / Global Head of KPMG's Legal "For a while now, we have been hearing about digitization, disruption and new delivery models in the world of Big Law. "New Suits" both reassures and gives a wake-up call to all of us in the business of providing legal services. Setting out both the opportunities and the threats engendered by the dynamic change in our industry, the book is an invaluable guide to all lawyers and legal business professionals wanting some insight on the challenges facing them in a globalized and accelerating world." Dr Mattias Lichtblau, CMS "This book comes at a time where we see just the beginning of a transformational change on the legal market. While such transformation is seen as a great opportunity for those participants who endorse change and innovations, others seem to be more frightened by potential disruption of their well-established business models. The structure and comprehensive contributor listing for this book encapsulates many disparate challenges faced by almost all players on the market. The lecture of the book should give good guidance to anyone who is interested in how the legal profession is (finally) modernizing, capitalizing on technology trends and becoming more client-centric.
Democratizing Legal Services
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Author : Laura Snyder
language : en
Publisher: Lexington Books
Release Date : 2016-10-11
Democratizing Legal Services written by Laura Snyder and has been published by Lexington Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-10-11 with Law categories.
We live in a “law-thick” world. For individuals and organizations in both the public and private sectors, navigating the large number of complex laws, rules, institutions, and procedures that pervade American life is virtually impossible without some assistance. Some argue that "there are too many lawyers." Others argue that the unmet need for legal services is so high that it constitutes a human rights crisis. This book exposes why it is easy to access legal services for some, while it is virtually impossible for others, and why some lawyers have successful careers, but others cannot. This book argues that the problems plaguing legal services in the US can be only be addressed by a radical overhaul of the rules that govern how legal services may be delivered, as well as radical changes to who exercises the power to make those rules. Through interviews with those with experience with alternative legal service providers, this book exposes the formidable obstacles that exist along the path to those changes, as well as the opportunities that await. More information can be found at: www.notjustforlawyers.com
What Do Lawyers Do
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Author : John Flood
language : en
Publisher: Quid Pro Books
Release Date : 2013-10-17
What Do Lawyers Do written by John Flood and has been published by Quid Pro Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-10-17 with Law categories.
A legal scholar and sociologist, John Flood spent years observing a large law firm from the inside--much like an embedded journalist, but with the perspective of a researcher on the theory and practice of legal organizations. What John Flood found and analyzed resulted in a study that has been cited by many scholars over the years as the ultimate account of the inner workings of a corporate law firm, including its relations with clients, employees, and the broader profession. Further, using four detailed case studies, he showed how the construction of legal information and problems depended heavily on the role and specialization of the lawyer and the power of the client. Now in its Second Edition, with updated references and account of the radical shifts in legal practice over the past few years in the U.S. and U.K., Flood's pathbreaking book continues to be a fascinating resource for scholars of the legal profession, as well as interested readers who want to see exposed the inner sanctum of private, big-money law practice. The new edition also adds a new, reflective introduction by Lynn Mather, the SUNY Distinguished Service Professor at the University at Buffalo. A classic resource from Quid Pro Books is now readily available worldwide, in print and ebook formats, for scholars, researchers, lawyers, and other interested readers.
Transactional Legal Services And Corporations Buying Intentions
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Author : Katja Friedrich
language : en
Publisher: GRIN Verlag
Release Date : 2018-01-11
Transactional Legal Services And Corporations Buying Intentions written by Katja Friedrich and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-01-11 with Business & Economics categories.
Seminar paper from the year 2017 in the subject Business economics - General, University of Gloucestershire, language: English, abstract: This literature review investigates factors influencing the choice and future buying intentions for transactional legal services at large law firms. In doing so, two marketing concepts, namely perceived service value and commitment are integrated and their relationships examined. There are two parts to this literature review. Part 1 draws on the services marketing literature and reviews past research on legal services’ credence attributes, future buying intentions, perceived value and affective and calculative commitment with particular focus on professional services. This part serves to gain a better understanding of the conceptual elements more broadly that would otherwise have been dismissed. Part 2 discusses the results of the systematic literature review undertaken on future buying intentions/the choice of legal services and large law firms. The words “choice” and “future buying intentions” are used interchangeably, implying the equivalent meaning in this context. The systematic literature review was conducted in addition to Part 1 because very little academic research on legal services could be found. It served to further circumstantiate and identify elements that are relevant in the legal context. From my findings there are commonly scholars from four different academic disciplines who examine particular aspects of the legal industry, i.e. legal scholars, economists, marketing scholars and sociologists. While legal scholars frequently discuss and analyze the law and ethical aspects of lawyering, economists often focus on the growth of law firms and emphasize the asymmetry of information between customers and service providers. Marketing scholars typically seek to understand particular constructs such as client-attorney relationships, satisfaction or service quality and identify choice criteria in determining the essence of particular constructs from a consumer’s and/or corporate client’s perspective. Sociologists on the other hand often study the legal profession as a whole. Studies concerned with buying intentions in the legal context usually address the value of legal services in general, law firm growth and/or decision-making. Prior empirical research that focuses on purchasing-decisions for transactional legal work at large law firms or legal work at law firms in general, is scant and mostly undertaken in the United States.