As I mentioned yesterday, I’ve been following along as attendees of Georgetown’s Law Firm Evolution Symposium have been tweeting the conference highlights.  Rachel M. Zahorsky of the ABA Journal was in attendance, and wrote a great article that summed up a theme of the conference – BigLaw must change or die.  She quotes several speakers, who make ominous statements:

– Patricia Gillette, Orrick partner: “It is a mistake to think of change in terms of silos…Change must be sweeping. If you do not change, you will die.”

– Susan Hackett, Association of Corporate Counsel vice president & general counsel: “The window is open for another year to year and a half for firms before clients start walking and looking at firms they’ve never looked at before…Whenever a firm says [it] can’t hold to a budget number because of unpredictability, the GC still has a busted budget. It’s not unpredictable. It’s unforgivable that they don’t know and unforgivable that we haven’t held them to that.”

– Robert Ruyak, managing partner and CEO of Howrey: “Partners must be willing to sacrifice some short-term profitability for greater success and profit in the long-term.  That’s something many partners don’t want to do, but we have to.  There is no choice because some firms will, and they’re the ones that will be eating our lunches tomorrow.” 

But some are saying that there are firms that think that the legal industry will soon be back to the way it was, and so they don’t have to worry about changing. 

Mid-sized law firms, like those in the ILN, often find it easier to adapt than BigLaw because their size makes them more nimble.  But even though this is the case, clients are asking all of their firms to more strongly consider their needs, focus on strengthening their relationships.  As was said at the LMA Conference this year, clients have always had the power, but now they know it.

So what are your firms doing to adapt to the siren call of change?  How are you providing your clients with better service, more value, strengthened relationships?  And how are legal marketers supporting their attorneys to make these changes possible? 

Or, on the flip side, are you one of those who believes that the legal industry will rebound, and so there isn’t any need for change?

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Photo of Lindsay Griffiths Lindsay Griffiths

Lindsay Griffiths is the International Lawyers Network’s Executive Director. She is a dynamic, influential international executive and marketing thought leader with a passion for relationship development and authoring impactful content. Griffiths is a driven, strategic leader who implements creative initiatives to achieve the…

Lindsay Griffiths is the International Lawyers Network’s Executive Director. She is a dynamic, influential international executive and marketing thought leader with a passion for relationship development and authoring impactful content. Griffiths is a driven, strategic leader who implements creative initiatives to achieve the goals of a global professional services network. She manages all major aspects of the Network, including recruitment, member retention, and providing exceptional client service to an international membership base.

In her role as Executive Director, Griffiths manages a mix of international programs, engages a diverse global community, and develops an international membership base. She leads the development and successful implementation of major organizational initiatives, manages interpersonal relationships, and possesses executive presence with audiences of internal and external stakeholders. Griffiths excels at project management, organization, and planning, writes and speaks with influence and authority, and works independently while demonstrating flexibility in thinking, especially in challenging situations. She also adapts to diverse and dynamic environments with constant assessment and recalibration.

JD Supra Readers Choice Top Author 2019

In 2021, the ILN was honored as Global Law Firm Network of the Year by The Lawyer European Awards, and in 2016, 2017, and 2022, they were shortlisted as Global Law Firm Network of the Year. Since 2011, the Network has been listed as a Chambers & Partners Leading Law Firm Network, recently increasing this ranking to be included in the top two percent of law firm networks globally, as well as adding two regional rankings. She was awarded “Thought Leader of the Year” by the Legal Marketing Association’s New York chapter in 2014 for her substantive contributions to the industry and was included in Clio’s list of “34 People in Legal You Should Follow on Twitter.” She was also chosen for the American Bar Association Journal’s inaugural Web 100‘s Best Law Blogs, where judge Ivy Grey said “This blog is outstanding, thoughtful, and useful.” Ms. Griffiths was chosen as a Top Author by JD Supra in their 2019 Readers’ Choice Awards, for the level of engagement and visibility she attained with readers on the topic of marketing & business development. She has been the author of Zen & the Art of Legal Networking since February 2009.