Walker Clark WorldView
"Trump-proofing" your law firm
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- Written by Sarah Max
- Published: 02 April 2025
As we at Walker Clark have been meeting since January 2025 with clients and professional friends worldwide to discuss their priorities and concerns for the next 12 to 24 months, many of them – across the world and the political spectrum – have used the same phrase to describe their anxiety about the uncertainties that lie ahead: “How can we Trump-proof our firm?”
The announcement by the American president on 2 April 2025 of universal tariffs ranging from 10% to 49%, to go into effect in less than 12 hours, makes that question even more timely.
In this post, Walker Clark Senior Consultant Sarah Max continues her analysis of the possible impact of tariffs and deep cuts in U.S. government programs and spending on law firms everywhere.
Wisdom in Law Firm Management: The Middle Way Through Impermanence and Change
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- Written by Norman Clark
- Published: 31 March 2025
This is the third installment of an advance serialization of a ground-breaking new book by Norman K. Clark and Lisa M. Walker Johnson, Wisdom in Law Firm Management, to be published in June 2025.
Demystifying IP Outsourcing: What to Outsource?
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- Written by Norman Clark
- Published: 25 March 2025
This video podcast, co-produced by Walker Clark LLC and Intricate Research, is the second in a series Demystifying IP Outsourcing.
Wisdom in Law Firm Management: Harmony, Balance, and Law Firm Strategy
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- Written by Norman Clark
- Published: 17 March 2025
This is the second installment of an advance serialization of a ground-breaking new book by Norman K. Clark and Lisa M. Walker Johnson, Wisdom in Law Firm Management, to be published in June 2025.
Wisdom in Law Firm Management: Bridging East and West
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- Written by Norman Clark
- Published: 12 March 2025
Walker Clark LLC begins an advance serialization of a ground-breaking new book by Norman K. Clark and Lisa M. Walker Johnson, Wisdom in Law Firm Management, to be published in June 2025.
How can ancient Eastern wisdom transform the management and performance of modern law firms worldwide?
getting ready for an expanded BABA
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- Written by Sarah Max
- Published: 05 March 2025
What is BABA, and why is it important to law firms everywhere?
Demystifying IP Outsourcing: The Business Case for IP Outsourcing
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- Written by Norman Clark
- Published: 13 February 2025
This video podcast, co-produced by Walker Clark LLC and Intricate Research, is the first in a series Demystifying IP Outsourcing.
what a trans-Atlantic tariff war means for law firms
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- Written by Sarah Max
- Published: 05 February 2025
The second Trump presidency has started with a flurry of activity characteristic of Donald Trump's management style. With the rapid movement over the last two weeks, it comes as no surprise that the EU is bracing for potential changes the US might try to force in the areas of economics, global security, and climate policy.
Is your law firm prepared for a Canada-US tariff war?
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- Written by Sarah Max
- Published: 28 January 2025
China is not the only country the Trump administration has in its tariff crosshairs. President Trump has already announced that we can expect to see a 25% tariff placed on all goods imported into the US from Canada, as early as February of this year. Why has Canada drawn this attention from the Trump administration? How can you support your clients that might be impacted by these new tariffs against Canada?
How could Trump Administration trade policy with China affect law firms and their clients?
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- Written by Sarah Max
- Published: 24 January 2025
Sarah Max continues her discussion of the financial implications of a second Trump administration. In this post, she unpacks some of Trump’s economic policies with respect to China and how those impacts are expected to affect the international financial industry.
Great Power Competition and How to Manage It in the 21st Century
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- Written by Gerald J. Kirkpatrick
- Published: 24 January 2025
What are the implications that international geopolitical events have for law firms in the mid-2020s?
Guest contributor Gerald J. Kirkpatrick examines post-World-War-II diplomacy by the great powers and what its disruption or continuity might mean for the world in 2025 and beyond.
This is part of an ongoing series of informed commentaries on world events and the risks and opportunities they might present to law firms everywhere and their clients.
What impacts should law firms expect from proposed Trump Administration tax policies?
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- Written by Sarah Max
- Published: 17 January 2025
This is the second of a series of articles about how the demand for legal services might change over the next two years under the Trump Administration. This article focuses on the effects of proposed changes to taxation.
What should law firms (and their clients) anticipate from the incoming Trump Administration?
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- Written by Sarah Max
- Published: 16 January 2025
With an impending administration change in the U.S. on January 20, 2025, many of our clients and professional friend have asked us the same question: What will the second Trump administration mean for my firm?
This is the first of a series of articles about how the demand for legal services might change over the next two years.
the antidote to fear
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- Written by Norman Clark
- Published: 02 January 2025
Ralph Waldo Emerson once said, "Knowledge is the antidote to fear."
Well, maybe fear might be a bit of an exaggeration.
However, in recent confidential discussions with law firm leaders around the world, I have noticed a very interesting apprehension that seems to be emerging as they consider the business prospects for their firm in for the next two to five years.
There is a recognition that the long-term economic vision should be optimistic, built in part on the robust recovery from the COVID-19 pandemic and also some well-aimed investments by governments in areas such as the improvements in infrastructure that many of the mature economies will need to take full advantage of new growth opportunities. At the same time, this optimism is counterbalanced -- in some instances, outweighed -- by a pessimism about how short-term economic and geopolitical issues could destabilize progress and even, in some instances, have long-term negative consequences.
How then, can a law firm navigate through the strategic fears about the rest of the decade -- even the rest of 2025 -- with a reasonable degree of confidence?
"But it's not my job..."
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- Written by Norman Clark
- Published: 28 July 2024
...or is it?
The inability to answer this question can be costing your law firm significant losses in terms of efficiency, operating expenses, morale, and lost opportunities.
3 advantages that small law firms have in the competition to recruit and retain the best legal talent
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- Written by Norman Clark
- Published: 23 July 2024
The post-pandemic era of the mid-2020s has emphasized three things that small law firms must -- and can -- do to to attract and retain top legal talent.
Establishing a Risk-Management Program for AI in Law Firms
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- Written by Norman Clark
- Published: 18 April 2024
How can your law firm's risk management programs keep up with the ethical and practical challenges of artificial intelligence? Here is a "quick start" outline.
