Subjects:

Professional Conduct and Ethics

Contents:

Preface , Jack Gabarro

1. Introduction and Overview , JLaura Empson and Stuart Popham

2. Your Partnership: Surviving and Thriving in a Changing World: The Special Nature of Partnership , JLaura Empson

3. Your People: Valuing Diversity: Some Cautionary Tales from the American Experience , JDavid Wilkins

4. Your Expertise: Developing New Practices: Recipes for Success , JHeidi Gardner, Tim Morris, and N. Anand

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 , J Brian Uzzi, Ryon Lancaster, and Shannon Dunlap

6. Your Income: Determining the Value of Legal Knowledge: Billing and Compensation Practices in Law Firms , JHuseyin Leblebici

7. Your Capital: Building Sustainable Value: A Capital Idea , JStephen Mayson

8. Your Ethics: Redefining Professionalism? The Impact of Management Change , JRoyston Greenwood

9. Your Challenge: Sustaining Partnership in the 21st Century: The Global Law Firm Experience , JTony Angel

Wildy's Book of the Month - January 2007

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 such as Clifford Chance, Linklaters, and Freshfields, 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.

Successfully meeting the challenges of this new business environment is vital for the continuing prosperity of law firms. Featuring contributions from both management researchers and legal practitioners, Managing the Modern Law Firm presents the latest insights from Management Studies in an approachable, practical, and relevant manner for lawyers and other professionals involved directly and indirectly with the management of law firms.

• Approachable resource for Practice Managers in legal firms looking for the latest insights from Management Researchers
• Examines the issues of the role of partners, new practice development, payment systems, the value of legal knowledge, career development, and competitive advantage in law firms
• Contributions from management academics and legal practitioners