Walker Clark
Worldview Archives
“More Law” not “Big Law”
Service delivery capability, not size, is what will determine the profitability — and perhaps the survival — of most traditional law firms between now and 2030.
Don’t let the big guys scare you.
From all the attention that "Big Law" is getting in the legal press and at legal conferences, one might erroneously assume that a relatively small number of large firms are destined to rule the legal world, and that smaller firms are irrelevant to the future of the legal profession.
Don't believe it.
Is Central America the next target for the global law firms?
For at least the last two decades, conventional wisdom has held that Central America is not an attractive market for setting up local operations of global firms, because of three key factors.
While all three factors remain present to date, other market factors have altered the picture somewhat.
Why Small and Midsize Law Firms Can Have a Great Future
At Walker Clark, we remain amazed by how many law firm partners — and even some law firm management consultants — really believe that the legal profession will eventually be dominated by the global giants. Under this overblown scenario, all the other firms will simply have to be content with the scraps that fall from the big firms' dining tables.
Our firm's experience and observations advising small and midsize firms on business strategy, profitability, and internal operations, persuasively demonstrate that smaller firms can compete very effectively even against some of the best-known and most powerful law firms in the world.
