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Managing the Modern Law Firm

Managing the Modern Law Firm New Challenges, New Perspectives

Author: Laura Empson
Publisher: Oxford University Press
ISBN: 9780199589647
Published In: June 2010
Format: Paperback
Jurisdiction: U.K. ? Disclaimer:
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The last ten years have been a period of extraordinary change for law firms. The rapid growth of corporate law firms and the emergence of global mega-firms such as Clifford Chance, Linklaters, and Freshfields, have strained the traditional partnership model of management. Some managers of law firms are appalled at the creeping 'corporatism' that they fear may result. However a growing number believe that it is time to move on and adopt more contemporary forms of structure and management.

Successfully meeting the challenges of this new business environment is vital for the continuing prosperity of law firms. Featuring contributions from both management researchers and legal practitioners, Managing the Modern Law Firm presents the latest insights from Management Studies in an approachable, practical, and relevant manner for lawyers and other professionals involved directly and indirectly with the management of law firms.

Approachable resource for Practice Managers in legal firms looking for the latest insights from Management Researchers
Examines the issues of the role of partners, new practice development, payment systems, the value of legal knowledge, career development, and competitive advantage in law firms
Contributions from management academics and legal practitioners

John J. Gabarro: Prologue
1: Laura Empson and Stuart Popham: Introduction and Overview
2: Laura Empson: Your Partnership: Surviving and Thriving in a Changing World: The Special Nature of Partnership
3: David Wilkins: Your People: Valuing Diversity: Some Cautionary Tales from the American Experience
4: Heidi Gardner, Tim Morris, and N. Anand: Your Expertise: Developing New Practices: Recipes for Success
5: Brian Uzzi, Ryon Lancaster, and Shannon Dunlap: Your Client Relationships and Reputation: Weighing the Worth of Social Ties: Embeddedness and the Price of Legal Services in the Large Law Firm Market
6: Huseyin Leblebici: Your Income: Determining the Value of Legal Knowledge: Billing and Compensation Practices in Law Firms
7: Stephen Mayson: Your Capital: Building Sustainable Value: A Capital Idea
8: Peter D. Sherer: Your Competitors: Mapping the Competitive Space of Large US Law Firms: A Strategic Group Perspective
9: Royston Greenwood: Your Ethics: Redefining Professionalism? The Impact of Management Change
10: Tony Angel: Your Challenge: Sustaining Partnership in the 21st Century: The Global Law Firm Experience

Edited by Laura Empson, Professor in the Management of Professional Services Firms, Cass Business School, City of London

Contributors:

N. Anand, London Business School,
Tony Angel, Managing Partner, Linklaters,
Laura Empson, Saïd Business School,
Jack Gabarro, Harvard Business School,
Heidi Gardener, Saïd Business School,
Royston Greenwood, University of Alberta,
Ryon Lancaster, Northwester University,
Huseyin Leblebici, University of Illinois at Urbana-Champaign,
Stephen Mayson, Nottingham Law School,
Tim Morris, Saïd Business School,
Stuart Popham, Senior Partner, Clifford Chance,
Peter Sherer, University of Calgary,
Brian Uzzi, Northwestern University,
David Wilkins, Harvard Law School

"This book, edited by Laura Empson, provides a rich blend of historical perspective, scholarly analysis, and practical insight by an impressive group of professionals and academicians. It gives firm leaders plenty to think about." - Managing Partner Forum (US)