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Managing the Modern Law Firm New Challenges, New Perspectives

Empson, Laura
ISBN-10: 019929674X
ISBN-13: 9780199296743

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2 new & used from $94.10
Law firms face organizational, managerial, and business issues, such as the role of partners, new practice development, payment systems, the value of legal knowledge, career development, and competitive advantage. This title investigates these particular challenges and is ideal for anybody researching or managing professional service firms.
Featuring contributions from both legal practitioners and management researchers, Managing Law Firms seeks to present the latest insights from Management Studies in an approachable, practical, and relevant manner for lawyers involved directly and indirectly with the management of law firms.Law firms face unique organizational, managerial, and business issues, such as the role of partners, new practice development, payment systems, the value of legal knowledge, career development, and competitive advantage. Successfully meeting these challenges is vital for the prosperity of law firms.Featuring contributions from both legal practitioners and management reserachers, Managing Law Firms seeks to present the latest insights from Management Studies in an approachable, practical, and relevant manner for lawyers involved directly and indirectly with the management of law firms.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.It looks a real winner.The publication of Managing the Modern Law Firm marks something of a seminal moment in the development of management theory in this market. For the first time... academic and professional heavyweights have faced up to the scale and unique complexity of law firm management.While most lawyers admire sound organisation, they regard the discipline of management with considerable mistrust. These management sceptics would do better to immerse themselves in a different book Managing the Modern Law Firm, edited by Laura Empson... This is a rich and stimulating blend of practical insight, scholarly analysis, historical narrative, and solid empirical research, written by an impressive array of leading experts....a valuable collection of essays...check out the book
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List of Figures
List of Tables
Notes on Contributors
Prologue
Introduction and overview
Your partnership: Surviving and Thriving in a Changing World: The Special Nature of Partnership
Your people: Valuing Diversity: Some Cautionary Lessons from the American Experience
Your expertise: Developing New Practices: Recipes for Success
Your client relationships and reputation: Weighing the Worth of Social Ties: Embeddedness and the Price of Legal Services in the Large Law Firm Market
Your income: Determining the Value of Legal Knowledge: Billing and Compensation Practices in Law Firms
Your capital: Building Sustainable Value: A Capital Idea
Your competitors: Mapping the Competitive Space of Large US Law Firms: A Strategic Group Perspective
Your ethics: Redefining Professionalism? The impact of management change
Your challenge: Sustaining Partnership in the Twenty-First Century: The Global Law Firm Experience
Bibliography
Index


List price: $99.00
Edition: 2007
Publisher: Oxford University Press, Incorporated
Binding: Trade Cloth
Pages: 264
Size: 6.14" wide x 9.21" long x 0.79" tall
Weight: 1.14 lbs.
Language: English

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