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Tag Archives: foreign firms
“We don’t need to worry about profitability.”
There are a significant number of law firms that appear to be doing quite well. My colleagues and I occasionally meet them at international conferences and other events. When we begin to describe Walker Clark LLC and the services we … Continue reading
Posted in clients, finance, law firms, partners, planning, profitability
Tagged change, change management, clients, competition, crisis, culture, fees, finance, foreign firms, law firms, partners, profitability, profits, quality
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Picking apart a legal market?
The foreign firms continue to pick apart the Turkish legal market. As announced in The Lawyer this morning, the growing U.K.-based firm of Pinsent Masons has agreed to a joint venture in the infrastructure sector in Turkey with former Hergüner Bilgen Özeke … Continue reading
Posted in law firms, leadership, marketing, partners, strategy
Tagged change, competition, foreign firms, investment, law firms, leadership, marketing, partners, planning, strategy, Turkey
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Which Brazilian law firms will miss the future?
Are Brazilian law firms overlooking strategic opportunities that could strengthen their competitive advantages against foreign firms? I believe that many of them are. In our firm’s discussions with our clients throughout the world, we have observed that interest in … Continue reading
Posted in clients, planning, strategy
Tagged 2015, 2020, Brazil, change, change management, China, clients, competition, culture, decision making, European Union, foreign firms, Indonesia, Japan, Latin America, law firms, planning, profound change, Russia, South Korea, strategy, Turkey, United States
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Survival skills: competing for legal talent
Is your firm losing the competition to recruit and retain the best legal talent in your market? This is the sixth of a series of posts about eight business skills that will be essential for the continued success of most … Continue reading
Posted in law firms, partners
Tagged 2013, compensation, competition, decision making, emerging economies, Europe, foreign firms, large law firms, Latin America, law firms, opportunity, partners, recruiting, retention, risk, skills, small law firms, survival, United Kingdom
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Survival skills: managing growth
This is the third of a series of posts about eight business skills that will be essential for the continued success of most law firms in 2013 and beyond. Designing and managing alternative fee agreements to remain competitive and profitable Strengthening … Continue reading
Posted in finance, law firms, leadership, partners, planning, strategy
Tagged 2013, change, clients, decision making, foreign firms, governance, growth, investment, law firms, leadership, marketing, partners, planning, strategy
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8 survival skills for 2013… and beyond
This is the first of a series of nine posts that highlight management skills that law firms will need to ensure sustained financial performance through the rest of this decade. We call them survival skills for 2013 because firms that do not … Continue reading
Posted in associates, finance, law firms, leadership, marketing, partners, planning, profitability, strategy
Tagged 2013, associates, business plans, change, change management, clients, competition, decision making, fees, finance, foreign firms, investment, large law firms, law firms, mid-size law firms, partners, planning, productivity, profitability, profits, quality, risk, small law firms, strategy, succession
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Advanced strategy for Brazilian law firms
This post discusses the need for national Brazilian law firms to advance their strategic thinking and methodology to meet the new competitive realities of the markets — both national and international — in which they compete. Although expressed in the … Continue reading
Posted in law firms, marketing, partners, planning, strategy
Tagged Brazil, change, China, clients, competition, decision making, European Union, foreign firms, investment, law firms, leadership, marketing, partners, planning, profitability, Russia, South Korea, strategy, Turkey
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An imperative for managed growth
In my recent discussions with law firm leaders and managers from around the world, a very strong theme has emerged among the mid-size law firms, especially in emerging and recently-emerged legal markets. This could be the Big Issue of 2013 … Continue reading
Posted in law firms, partners, planning, strategy
Tagged 2013, change management, competition, consolidation, foreign firms, growth, lateral recruiting, law firms, mid-size law firms, midsize law firms, partners, planning, strategy
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Who’s afraid of Norton Rose?
Norton Rose has announced its latest accomplishment in its relentless march to global status, a merger with U.S.-based Fulbright & Jaworski. This announcement comes as other substantial intercontinental deals appear to be in the works, such as the reported three-way … Continue reading
Posted in law firms, planning, strategy, Uncategorized
Tagged competition, foreign firms, Fraser Milner Cosgrain, Fulbright & Jaworkski, globalization, large law firms, mergers, Norton Rose, planning, productivity, profitability, quality, Salans, SNR Denton, strategy
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An invasion or an opportunity?
Sources advise us that the Brazilian Bar Association is expected to make a final decision — perhaps as early as next week — concerning proposed new restrictions on foreign law firms and lawyers that want to operate in Brazil. Meanwhile, … Continue reading
Posted in strategy
Tagged Brazil, change, change management, clients, competition, European Union, foreign firms, free trade agreements, law firms, leadership, marketing, South Korea, strategy, United States
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