The Point 1. After two years of white-hot demand for their services, Bloomberg Law’s recent headline says demand for the junior lawyers who work as employees of big law firms (“associates”) is taking a sharp downward turn. 2. Even without the Pandemic’s boom / bust impacts on the legal market,…
Yesterday I was privileged to hear Jordan Furlong, a globally renowned expert on the legal profession, take up this question in addressing Canada’s National Legal Innovator’s Roundtable: How long does it take to make a competent lawyer? Over the years he’s asked accomplished attorneys just how long it took them…
The Point As I wrote in my previous post, the U.S. legal profession confines its formal training to a theoretical knowledge of law (J.D. from a law school) and an academic test of memorization (the bar exam). Licensed attorneys’ grounding in practical skills consists almost entirely of unsystematic, on-the-job improvisation.…
The Point Physicians and business lawyers: The work of both professions is consequential for those they serve. On the capabilities of the first group depend life and death of their patients — literal, personal health outcomes. On the capabilities of the second group depend — if not life and death…
The Point In a recent post, this blog covered the FisherBroyles law firm, which recently won acclaim for becoming one of the 200 highest revenue U.S. law firms (“AmLaw 200”). It has no offices, no associates, and no secretaries—what partner James Fisher calls, “the headwinds of profitability.” As to “no…