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Everyone seems to agree that BigLaw is f’d up. The business model is completely screwed up and not in alignment with reality. This allows great sport for those of us who enjoy picking at the various aspects of exactly how BigLaw is headed for disaster.

But what does this disaster look like?

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I used to joke with Geek #1 about how we could pluck a lawyer from 1985, teach her email and Word, send her to a few CLEs to update her legal knowledge and she would be “good-to-go” to practice law. The point being – the practice of law hasn’t changed much

Apple gets a lot of flack for creating a closed platform that economically locks its users into their products.  After all, if you’ve already spent $200K on iOS apps, why would you switch to Android or Windows phones or tablets and have to repurchase all of that software?  It’s a reasonable argument, but it totally

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Some recent activity on Twitter got me thinking. People love to bag on BigLaw (me included). Much like taking shots at Microsoft or Blackberry, BigLaw is an easy target for many. Large firms move slow, are managed by committee too often, and appear to have an aversion to decision making (see how

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Answer: Zero

An old economics adage is that the value of anything is the price someone will pay to purchase it. Therefore the market value of any large law firm will be zero.

When valuing a company for a potential purchase, buyers will determine the various assets held by the target,along with

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The recent Ark-group KM conference left me with a new thought on why law firms have rewarded hours to the exclusion of so many other worthwhile metrics. This new thought is a new dimension on the challenge. The old arguments stand, however, taken from another angle:

Partners think like workers, not owners.