Showing posts with label customer. Show all posts
Showing posts with label customer. Show all posts

Wednesday, April 17, 2013

Is Steve Jobs Really the Legal Industry’s Super Hero?


Attending a continuing legal education conference on the legal business last week, I was surprised by how many panelists and audience members were citing Steve Jobs reverentially. The co-founder of Apple (and a nonlawyer) famously said that “A lot of times, people don’t know what they want until you show it to them.” See Chunka Mui, Five Dangerous Lessons to Learn From Steve Jobs, Forbes.com (Oct. 17, 2011), http://www.forbes.com/sites/chunkamui/2011/10/17/five-dangerous-lessons-to-learn-from-steve-jobs/. Apparently, a number of lawyers are enamored with the notion that sellers have to figure out a way to sell legal services to clients who don’t even know that they need them. But are iPads and product liability defense work really comparable? Or iPhones and bankruptcy filings?

As heartened as I was to see major law firms embracing business practices, I thought the mention of Jobs in this context demonstrated some callousness toward legal clients. I wish I’d heard more discussion of the other side of Jobs, the brilliant thinker, the rejecting market-research Jobs, the one who managed to come up with incredible products that many of us couldn’t possibly imagine that we would someday need. And yet, today, we have them.
At the legal business conference I attended, though, I sensed more desperation: that in a challenging time for major firms, some lawyers are scrambling to sell you everything, anything, the coffee pot in the conference room if need be, as a means simply to stay viable. I’d be more than wary if I were a major corporate client of what my lawyers were now trying to push. Sadly, I didn’t hear much talk of innovation or of developing an incredible product or service that would change the legal world and the way that clients consume legal services. Perhaps the big-law representatives attending the conference have selected the right train, but they just might be on the wrong track.

­—Lori Tripoli

Wednesday, March 13, 2013

Should Law Firms Proactively Cut their Fees?



I have to marvel at how some businesses do a phenomenal job measuring their performance, and how some business leaders then seem to hold endless meetings to figure out why their numbers keep going down. Have fewer customers quarter after quarter since, say, 2008? Do all other things remain the same—except there’s a glut of businesses like yours and of workers like those you hire and a lot of your work can be outsourced? Why wouldn’t a leader look to the recession as a likely cause?

I’m not surprised that a recent survey of legal departments by Robert Half Legal lists as one of the top challenges in 2013 controlling outside legal costs. Press Release, Robert Half Legal, Robert Half Legal Research Reveals Top Challenges Facing Legal Departments In Year Ahead (March 13, 2013). What I would like to see is a survey of outside firms indicating how they’re going to help corporate clients do just that. What excess will be trimmed? Will low-level associates be billed out at more reasonable rates? Will overall rates drop? Or will firms just wait until the corporate client looks elsewhere?

Keep the client. Cut the costs.

At least that’s what I’d try to do.

—Lori Tripoli