Tag Archives: United Kingdom

Survival skills: competing for legal talent

Posted on January 2, 2013 by Norman Clark

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 →

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Is unbundling dead?

Posted on October 22, 2012 by Norman Clark

There is an excellent article in today’s on-line edition of The Lawyer : LPOver and Out? by Catrin Griffiths. The piece traces the mixed reviews that the “unbundling” of legal services and outsourcing work on the components to the lowest-cost provider have … Continue reading →

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Making money for your partners

Posted on August 7, 2012 by Norman Clark

Hyman Roth always makes money for his partners. One by one, our old friends are gone. Death, natural or not, prison, deported. Hyman Roth is the only one left, because he always made money for his partners. – Johnny Ola … Continue reading →

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Planning for a difficult future in Europe

Posted on August 3, 2012 by Norman Clark

The bad news continues in Europe The gloomy news currently coming from Europe (Spain, Greece, the euro, economic slowdown in Germany and the U.K.) has recently been reinforced by equally depressing mid-range (12 to 18 months) economic forecasts for the … Continue reading →

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Required viewing: Paddy Ashdown on “The Global Power Shift”

Posted on January 11, 2012 by Norman Clark

My colleagues at Walker Clark and I frequently stress the critical importance of informed strategic planning.  Part of that information should include an in-depth understanding of the major trends that are shaping our changing world. Although global in scope, such … Continue reading →

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Korean law firms at a crossroads

Posted on January 11, 2012 by Norman Clark

Major Korean law firms are at a historic crossroads as we begin 2012.  This year will probably bring a massive entry of foreign law firms into South Korea, which will introduce sweeping changes into the legal marketplace. The free trade … Continue reading →

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Stopping the revolving doors

Posted on January 4, 2012 by Norman Clark

When I was a very young boy growing up in Pittsburgh, Pennsylvania, my father would tell me that the revolving doors at Kaufmann’s department store were what powered the escalators.  It made sense at the time.  As my father pointed … Continue reading →

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Rough seas ahead for M&A?

Posted on December 22, 2011 by Norman Clark

Having been very busy helping our clients with their 2012 business plans this week, I have only this morning gotten to an important analytical piece in yesterday’s Financial Times on-line: “Collapse in M&A amid debt turbulence” by Helen Thomas and Anousha … Continue reading →

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Voodoo economics

Posted on December 13, 2011 by Norman Clark

A leading U.K. firm appears to be dabbling in a little voodoo economics. Herbert Smith is a firm that has long enjoyed a reputation for stability and professional excellence. Recently, however, leaders of Herbert Smith apparently have decided, as reported by … Continue reading →

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Here we go again…

Posted on December 8, 2011 by Norman Clark

Linklaters is preparing to expel or de-equitize between 30 to 40 partners, according a report today by The Lawyer. This comes only two years after their most recent bloodletting in 2009, when the firm sacked 70 partners and 10% of … Continue reading →

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