“No one seems to be worrying about the next generation of lawyers.” – Richard Susskind, The End of Lawyers? Rethinking the Nature of Legal Services.
And these children that you spit on
As they try to change their worlds
Are immune to your consultations
They’re quite aware of what they’re going through
Ch-ch-ch-ch-ChangesDavid Bowie, Changes
One thing we can all agree on is that there is never a dull moment when it comes to the economy and the business
Latham & Watkins is laying off an additional 190 associates and 250 staff. Citing the deepening recession, Chairman Robert Dell told the American Lawyer on Friday, “The health of the global economy is likely to remain poor this year and so staffing levels have to be better aligned with client needs.”
As
It is no surprise to anyone who regularly reads The Legal Watercooler that I am a Twitter fan.
I follow legal marketers, lawyers, PR consultants, members of the media, corporate tweeters, and “gurus.” I follow big law, solos and “recovering” lawyers. I track news, trends and politics on Twitter. Through my follows, I receive insights
Now that “Layoff Friday” has given rise to “drop in profit Tuesdays” the conversation continues to migrate over to hourly billing rates. I wrote here about how Linklaters’ chief, David Cheyne, rejected the call to cut legal fees.
Legal OnRamp’s Paul Lippe has a great piece in today’s The AmLaw Daily,
I’m reading Kara Smith’s post Social Media ‘Teaches’ Legal Marketers to Promote Themselves the Right Way.
Her points are spot on. Social media forces us to focus on what we should have been doing all along:
Warning: Shameless Self-Promotion Alert
This Thursday I will be participating on an ABAnet Webinar, Online Social Networking Gets Professional: The Pitfalls vs. the Rewards.
There will be a live Twitter feed available at #LPMsm
Program Description:
There is an enormous amount of buzz today about the myriad uses of online social networking and social media:
I’m flipping through the e-alerts I get and today alone law firm layoffs are hitting DLA Piper and Dechert.
According to the American Lawyer, Revenue is flat and profits are down at Skadden, S&C, Davis Polk, and Dewey.
And the news isn’t better across the Pond. Redundancy talks are on (again) at Clifford Chance
As legal marketers we are challenged with wanting to promote our firms and attorneys v. legal ethics established by our individual states and the American Bar Association.
Legal Marketing 101 is that we don’t print it without the client’s WRITTEN approval. This includes publishing a list of clients on our websites or in the firm
