Georgetown Law/Peer Monitor Report: From Evangelism to Execution
The annual Report on the State of the Legal Market, a collaboration between Georgetown Law’s Center for the Study of the Legal Profession and Thomson Reuters’ Peer Monitor benchmarking program, is...
View ArticleLaw Firm Report Holds Several Urgent Wake-Up Calls for Industry
Another important early report on law firm financial performance is out: The 2015 Report on the State of the Legal Market, produced by Georgetown Law and Peer Monitor. I encourage anyone who manages or...
View ArticleQ&A Interview: Industry Segmentation Could Dramatically Change the Face of...
James W. Jones, a Senior Fellow at the Center for the Study of the Legal Profession at Georgetown Law, recently sat down with Legal Executive Institute and discussed some of the longer term trends that...
View ArticleGeorgetown’s Iron Tech Lawyers: Delivering Legal Services with a...
WASHINGTON, D.C.—For all the negativity around legal education these days, it seems that some law students are having a little more fun than others, and are picking up a more diverse set of skills than...
View ArticleVideo: Georgetown Events Showed Real-Life Applications of Legal Tech, Says...
David Curle, director of strategic competitive intelligence at Thomson Reuters, recently visited Georgetown Law in Washington DC for its semi-annual Iron Tech Lawyer competition. In the video below, he...
View ArticleSecond Annual Law Firm Financial Performance Forum: New Metrics and New Models
I am looking forward to chairing Thomson Reuters Legal Executive Institute’s Second Annual Law Firm Financial Performance Forum on September 18 in New York. Last year’s inaugural event was a resounding...
View ArticleThe Lawyer Supply and Demand Paradox
“Too Many Law Students, Too Few Legal Jobs,” Steven Harper’s op-ed in the New York Times last week, drew public attention to a serious problem: 40% of 2014 law school graduates are unable to find jobs...
View ArticleSecond Annual Law Firm Financial Forum: Pragmatic and Informative Insights
NEW YORK — The Second Annual Law Firm Financial Forum was a resounding success. We built on the foundation of the first year, focused on three critical areas of inquiry, and were able to drill deeper...
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Live Blog: CFO & COO FORUM — Managing Your Law Firm in a Changing Market
NEW YORK — The first panel of the Legal Executive Institute’s 14th Annual Law Firm COO & CFO Forum aptly set the stage for the two-day event, outlining the massive changes that will continue to...
View ArticleGeorgetown Law-Peer Monitor Report Offers the Legal Industry its own Kodak...
The 2016 Georgetown Law-Peer Monitor Report on the State of the Legal Market begins with an unflattering comparison. It characterizes the position of law firms today as similar to the position of Kodak...
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James W. Jones of Georgetown Law Speaks on the “2016 State of the Law Firm...
James W. Jones, senior fellow at the Center for the Study of the Legal Profession at Georgetown Law, spoke on a recent podcast posted on Thomson Reuters’ Legal Current about the “2016 State of the...
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CodeX FutureLaw Conference: The Legal System on Trial (Part 1)
STANFORD, Calif. — At the annual CodeX FutureLaw 2016 conference, hosted by Stanford Law School’s CodeX center, legal tech was on trial — literally and figuratively. The tone was set very well by Jim...
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The “2017 Report on the State of the Legal Market”: Stagnation, Innovation &...
EAGAN, Minn. & WASHINGTON, D.C. — Law firms must find ways to effectively adapt to evolving competitive conditions — including the effective demise of the billable hour — or risk further erosion of...
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Georgetown Report Analysis: The Demise of the Hourly Billing Model
The 2017 Report on the State of the Legal Market — colloquially known as the Georgetown Report — was released late last week by The Center for the Study of the Legal Profession at Georgetown University...
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Conflict Management Is a Growing Issue for Firms, Says Georgetown Law’s Jones...
Risk management has become an area of intense interest for law firms, and one particular aspect — conflict management — has become a major point of concern for some members of the legal industry. Legal...
View ArticleThe Future of Law Schools
Legal education finds itself at the proverbial crossroads. Over the past decade, the decreased number of law school enrollments, coupled with disillusioned students, less than inspiring job prospects,...
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Live Blog! The 16th Annual Law Firm COO & CFO Forum: The Difference a Decade...
NEW YORK — The heady question of what’s happened in the legal industry over the past 10 years since the Financial Crisis and ensuing Great Recession was discussed at some length during the opening...
View Article2018 Report on the State of the Legal Market: Transformation of Legal...
“The market for law firm services is being transformed — by clients, by law firms that ‘get it,’ and by alternative service providers — and that pace of change in this transformative process is...
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AdamSmithEsq.com: Reflections on the 2018 Report on the State of the Legal...
The following article was written by Bruce MacEwen & Janet Stanton of the website Adam Smith, Esq., exclusively for the Legal Executive Institute blog. The article can also be found on the...
View ArticleThe Lawyer Supply and Demand Paradox
“Too Many Law Students, Too Few Legal Jobs,” Steven Harper’s op-ed in the New York Times last week, drew public attention to a serious problem: 40% of 2014 law school graduates are unable to find jobs...
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