Predictions

Legal Careers in the Global Age of More for Less: Insights from Professor David Wilkins of Harvard Law

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The legal profession has changed greatly over the almost seven years since the launch of Above the Law. Do these changes amount to a paradigm shift? Or are they just a temporary blip that will eventually be reversed?

Professor David Wilkins, Director of the Program on the Legal Profession at Harvard Law School, is one of the most astute and well-informed observers of law as both a profession and an industry. In his recent keynote at the NALP annual education conference, Professor Wilkins considered these questions, and also shared his predictions about the future of the legal profession….

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Biglaw: Welcome to the New Normal

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The grass isn’t quite this green in the ‘new normal.’

In a piece from last month, New York Times columnist Paul Krugman wondered: Is Growth Over? One could very easily take this question, posed with respect to the broader economy, and apply it to the world of large law firms.

And what would the answer be? According to a client advisory just issued by Citi Private Bank and Hildebrandt Consulting, “Probably.”

Their analysis is gloomy, although guardedly so; we’re not talking about “the sky is falling” pronouncements. Let’s take a look at the specifics….

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How Are Managing Partners Feeling About 2013?

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Is this just my weird perception, or are law firm managing partners being surveyed constantly? It seems that every other week, some law firm lender or consultancy or recruiting firm is touting the results of a managing partners survey. Managing partners have things to do other than respond to surveys — like, well, managing law firms.

Despite the proliferation of such surveys, we do appreciate the information and insight they contain. So let’s check out the recently released results of one of the most prominent surveys, the American Lawyer’s annual Law Firm Leaders survey….

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2012 Predictions: ATL’s Calendar Goes All the Way to 2013

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It's pronounced 'Mystal' like 'Cristal,' not to be confused with Elie's crystal ball.

Welcome back to work. I’m not going to act like a flight attendant and “welcome” you to a place we all got to at the exact same time, but I do hope your 2012 is starting off well.

In case you missed it on New Year’s Eve, we took a look back at our biggest stories of 2011. Now, let’s turn our gaze to the future. What do you think will happen in 2012?

I’ll get us started: The world will not end, nor be impacted in any special way on December 21, 2012….

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