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Managing the Modern Law Firm Laura Empson (Professor in the Management of Professional Services Firms, Cass Business School, City of London)

Managing the Modern Law Firm By Laura Empson (Professor in the Management of Professional Services Firms, Cass Business School, City of London)

Summary

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. This book investigates these particular challenges and is ideal for anybody researching or managing professional service firms.

Managing the Modern Law Firm Summary

Managing the Modern Law Firm: New Challenges, New Perspectives by Laura Empson (Professor in the Management of Professional Services Firms, Cass Business School, City of London)

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 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. In Managing the Modern Law Firm scholars and legal practitioners examine the latest insights from management research, to enable law firms successfully to meet the challenges of this new business environment.

Managing the Modern Law Firm Reviews

Review from previous edition Successful global law firms - and other firms aspiring to become such - will benefit from this book's insights. * The Houston Lawyer *
...a valuable collection of essays...check out the book * The American Lawyer *
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. * The Times *
It looks a real winner. * Edward Fennell, The Times (Law) d 06/02/2007 *
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. * Richard Susskind, The Times *
Managing the Modern Law Firm is required reading for scholars of the legal profession, managers of law firms, and the professionals and clients whose lives are shaped by these important institutions. * Professor Robert L. Nelson, American Bar Foundation and Northwestern University *
This book offers truly helpful insights and recommendations about how to reconcile a large international organisation with the individual freedom and inspiration professionals seek. * Dr. Konstantin Mettenheimer, Senior Partner, Freshfields Bruckhaus Deringer *
Legal firms face severe challenges in adapting their working practices in these rapidly changing times. This lively and thorough account of those challenges will give partners - and their aspiring colleagues - plenty to think about. * Stefan Stern, Management Columnist, Financial Times *
This book provides important insight into the hard questions facing the modern law firm in a fast-moving era of change. * Ben W. Heineman, Jr., Distinguished Senior Fellow, Harvard Law School; Former General Counsel, GE *
Clear, challenging and thought-provoking. A quality contribution to a topic which has had too little serious attention, despite the undoubted economic importance of the legal services sector. * Terence Kyle, General Counsel, Nomura International plc *

About Laura Empson (Professor in the Management of Professional Services Firms, Cass Business School, City of London)

Laura Empson is Professor in the Management of Professional Services Firms at Cass Business School, City of London, and was previously Director of the Clifford Chance Centre at Said Business School, University of Oxford. Her research has focused on a wide range of issues in accounting, consulting and law firms, including the organizational implications of strategic change, managing the post-merger integration process, overcoming impediments to knowledge-sharing among professionals, changing organizational and professional identities, and the governance of professional service firms. Prior to becoming an academic, Laura Empson worked for several years as an investment banker and strategy consultant and continues to act as a consultant to professional service firms. She has a PhD and MBA from London Business School.

Table of Contents

Prologue ; 1. Introduction and Overview ; 2. Your Partnership: Surviving and Thriving in a Changing World: The Special Nature of Partnership ; 3. Your People: Valuing Diversity: Some Cautionary Tales from the American Experience ; 4. Your Expertise: Developing New Practices: Recipes for Success ; 5. Your Client Relationships and Reputation: Weighing the Worth of Social Ties: Embeddedness and the Price of Legal Services in the Large Law Firm Market ; 6. Your Income: Determining the Value of Legal Knowledge: Billing and Compensation Practices in Law Firms ; 7. Your Capital: Building Sustainable Value: A Capital Idea ; 8. Your Competitors: Mapping the Competitive Space of Large US Law Firms: A Strategic Group Perspective ; 9. Your Ethics: Redefining Professionalism? The Impact of Management Change ; 10. Your Challenge: Sustaining Partnership in the 21st Century: The Global Law Firm Experience

Additional information

GOR004132924
9780199589647
019958964X
Managing the Modern Law Firm: New Challenges, New Perspectives by Laura Empson (Professor in the Management of Professional Services Firms, Cass Business School, City of London)
Used - Very Good
Paperback
Oxford University Press
20100610
264
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

Customer Reviews - Managing the Modern Law Firm