Category: Law Practice Management
Black Swan Alert! – Covid-19 and what senior partners should be doing right now to survive
As a senior leader in the industry I hope you will find the article below by Paul Smith, former Chairman of Eversheds Sutherland and co-author, helpful. Its intention is to assist law firm executives at a time of crisis with some tried and tested tips regarding […]
Executing your law firm business development plans during the coronavirus outbreak
Like a hurricane that swept across the world, the COVID-19 pandemic has drastically changed our lives. It is fair to say that most of our lives right now are different when compared to the start of 2020. Case in point: Most of you are probably reading […]
New online community for legal marketing and business development professionals launched. An interview with William McLaughlin, Managing Member, BD Roundtable
In February, 2020, Bangkok-based legal business development professional William McLaughlin launched BDRoundtable.com, a private online community for legal marketing and business development professionals. In this interview with Asia Law Portal, McLaughlin details what inspired BD Roundtable’s creation and what’s in store for its’ future. He also […]
The unique value proposition of document automation platforms for law firms and the general counsel. An interview with Malik Anwar, Director of Asia operations, Clarilis
Legal technology business Clarilis recently opened an office in Singapore, appointing industry veteran Malik Anwar as Director of Asia operations. In this interview with Asia Law Portal, Anwar outlines the value proposition of document automation platforms to law firms and the general counsel, Clarilis’ future plans […]
Law firm marketing – Making sense of puzzling propositions
In the legal profession, traditionally a lot of business ‘walked-in’ based on the reputation of the Firm or due to equity created by some prominent lawyers in the firm. However, with intense competition among Firms that have similar kinds of talent pool and increased pricing pressure, […]
A book review of “The Real Deal: Law Firm Leadership That Works” by Paul Smith and Sally Dyson
Lawyers generally have an inbuilt scepticism regarding any form of coaching, which imposes a high bar on authors targeting an audience of busy managing partners. The Real Deal: Law Firm Leadership That Works by Paul Smith and Sally Dyson vaults over that bar with consummate ease […]
Some law firms in Asia are now accepting virtual currency
As Wong Joon Ian has reported in The Business Times: “The future of money is built in Asia” — noting that in excess of $1.8 billion dollars in crypto currencies are traded on Asian exchanges ever day — representing almost 60% of the world’s daily crypto […]
How Reed Smith is globalizing innovation initiatives. An interview with Adam Curphey
Global law firm Reed Smith recently appointed Adam Curphey Innovation Engagement Manager. Curphey’s focus is working “with the firm’s lawyers, Practice Innovation and IT development teams to implement ideas to drive internal efficiencies, as well as identify collaboration opportunities with Reed Smith’s clients to deliver new […]
How elite law firm Withers KhattarWong LLP is navigating Singapore’s highly competitive legal market: An interview with Managing Partner Deborah Barker
After a lengthy collaboration and formal alliance between Withers LLP and the former KhattarWong LLP, Withers KhattarWong LLP came into being in early 2019. The alliance has created the second largest law firm in Singapore, offering a full range of legal services to corporations, institutions and […]
Funding boost and award win for Australian legal tech company
Brisbane-based legal technology company Lawcadia announces that it has recently raised $1.3 million in a pre-Series A round from a number of private investors and Artesian, a leading Australian alternative investments and venture capital firm.
Whither private practice?
Smarter Law: Transforming Busy Lawyers into Business Leaders by Trevor Faure Book Review (Part 2) Forgive me for starting on a negative note but the chances are that many of you are unlikely to get beyond the third paragraph of this article, less likely still to pull […]
Melbourne to host the 2019 ALPMA Summit this September!
2019 ALPMA Summit Road Map to Transformation – Move Forward with Confidence The 2019 ALPMA Summit Road Map to Transformation – Move Forward with Confidence will provide delegates with a framework and a clear pathway forward to confidently lead their firms into the future. Operating within […]
Hourly billing, the Big4, NewLaw and technology. John Chisholm of Innovim Group analyzes the main competitive threats and opportunities for law firms
Australia-based John Chisholm is a widely recognized strategic advisor to law firms on pricing and strategy – based on his decades of experience as managing partner for both law and accounting firms. A Fellow of the College of Law Practice Management and a Distinguished Fellow of the […]
Legal Technology: The GC Conundrum
The General Counsel (GC) is changing from a legal expert and risk mitigator to a business enabler. The best of this new breed of GCs are agile, on the ground, close to the business, and engaged up-front with their organization’s design and technology teams, enabling them […]
Asia’s changing legal market and the strategies to adapt: An interview with Eric Chin of Alpha Creates
Asia’s legal market is changing and who better to know what strategies firms might deploy to adapt to these changes than Melbourne-based Eric Chin, who helped co-found Alpha Creates in January of 2019. A long-time strategic advisor to the legal services sector, Eric also coined the term […]
Legal Entity Management – Beyond Compliance
Introduction Recently corporations, regulators and the public have been embroiled in fierce debates about CO² emissions, money laundering, and the OECD’s BEPS initiatives. All of these have involved risk to the reputations of hitherto highly respected organizations. Now entity management compliance is coming into the public […]
Law business structures – challenges in ASEAN
In 2014, the IBA commissioned a mammoth report on Global Cross Border Legal Services that comprehensively covers information about over 90 countries and 160 jurisdictions on the regulation of domestic and cross-border legal practice. What the report confirms is the transformation of legal practice, and thus […]
Book Review: “SMARTER Law: Transforming busy lawyers into business leaders” – by Trevor Faure
“I cannot say this too strongly: Do not compare yourself to others. Be true to who you are, and continue to learn with all your might.” Daisaku Ikeda, Buddhist Philosopher, as quoted by Trevor Faure. Trevor Faure, self-defined as ‘part-translator-part-interlocutor’ between the legal and performance improvement […]
Legal Roles & Opportunities Across Asia in 2019
As global growth rates look sluggish in 2019 with the well-documented slowdown in growth brought about by the Sino-US trade war, leading executive search business Aquis Search has announced in its latest set of salary survey & guides published in January this year, that despite some […]
Lawyers are from Mars: Marketing People are from Mercury OR the importance of cognitive diversity in law firms
“We always did feel the same we just saw it from a different point of view. Tangled up in blue.” Bob Dylan In preparation for taking on a new marketing and business development role at an international law firm (this was after I accepted the position […]
Barriers to funding arbitration in Hong Kong dismantled
Hong Kong’s lawmakers kicked off the process of permitting the third-party funding of arbitration as far back as 2013, even then recognising the anachronistic nature of the prohibition. It has taken nearly six years for us to reach this point, but from February 1st the funding […]
Elevate Acquires Cognatio Law, Launching Operations in Hong Kong
Flexible lawyering provider Cognatio extends Elevate’s global capabilities in Asia Pacific market. Law company Elevate today announced it has acquired Cognatio Law, a Hong Kong-based flexible lawyering and legal consulting business serving in-house legal and compliance teams as well as law firms across Asia Pacific. Cognatio […]