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Worldview Archives

Great Power Competition and How to Manage it in the 21st Century
Norman Clark Norman Clark

Great Power Competition and How to Manage it in the 21st Century

What are the implications that international geopolitical events have for law firms in the mid-2020s?

Guest contributor Gerald J. Kirkpatrick examines post-World-War-II diplomacy by the great powers and what its disruption or continuity might mean for the world in 2025 and beyond.

This is part of an ongoing series of informed commentaries on world events and the risks and opportunities they might present to law firms everywhere and their clients.

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Learning from the Dragon: The Magic Circle Law Firms in China
Norman Clark Norman Clark

Learning from the Dragon: The Magic Circle Law Firms in China

Some foreign law firms are learning some hard lessons from the Chinese legal market. 

The Lawyer has published a very interesting "long read" article on the disappointments that some prominent foreign firms, especially Magic Circle firms like Linklaters and Allen & Overy, are experiencing in their China practices. In "Why the Magic Circle is Struggling in China,” Yun Kriegler has summarized recent problems that some foreign firms are experiencing as the Chinese legal market matures.

Some of the observations and comments might describe some aspects of your firm, as well.

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Is your partner compensation system a strategic liability?
Norman Clark Norman Clark

Is your partner compensation system a strategic liability?

The legal press this week gave us two interesting examples of how partner compensation systems, and the cultural assumptions and values that they represent, can thwart the efforts of excellent law firms to achieve their strategic objectives. 

Is your law firm's partner compensation an asset in your efforts to achieve sustainable business success, or is it an obstacle?

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