Hand in the air: I do not run a large international law firm competing in the Manhattan legal market, and I obviously therefore do not have access to all of the information and elements involved in doing so. But I have to admit: the long-term business model of a firm based on relationships – from partner to partner, between partner and associate, and between the firm and its clients – makes good sense to me.
Patricia Gillette of Orrick Herrington wrote an interesting piece that ran on AmLawDaily today that describes the current business model used in BigLaw – and also by its clients – as too short-term and "depersonalized." It's an interesting read; check it out here.
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Patricia Gillette of Orrick Herrington wrote an interesting piece that ran on AmLawDaily today that describes the current business model used in BigLaw – and also by its clients – as too short-term and "depersonalized." It's an interesting read; check it out here.
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