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Alternative Business Structures

The Law Firm Pyramid Rollover

Artificial intelligence, pricing, and transience of the legal service sector’s workforce will cause the traditional law firm pyramid structure to rollover like an upending iceberg. The result? By 2030, global legal services will operate much differently than they do now.

Lawyers and Polar Bears

The International Bar Association Conference coincides with Polar Bear Week this year. Professionally, I’m allied with the former; personally, I’m passionate about the latter. Lawyers and polar bears — yes, there’s probably a joke in there somewhere.

Big Four Fear is Unfounded

Fearmongering and fretting about impacts of the Big Four on the legal services sector are the equivalent of tilting at windmills and just as pointless.

Law Firm Failures — The New Normal?

“Legal service is a business; run it that way” has been my mantra forever. It’s fair warning to take care of your law firm’s business or find yourself out of it.  

Big Four’s Big Bite

The Big Four’s advancement into legal services will result in blood in the water for territorial law firms.

Big Four’s Next Big Bite

Blood is in the water as professional services firms eat into global legal markets. What can law firms do about it?

The Long Game

Accounting firms in Canada have thus far been unable to break into high-end business law, but patience may yet bear fruit as they continue to build capacity in legal services.

What ABS Can Also Mean

In the legal industry, ABS is an acronym for “alternative business structure.” It can also mean “About business, stupid.”

Crumbling Law Firm Empires

The end of an empire is rarely warmly welcomed since it sparks uncertainty. But it also affords opportunity.