August 22, 2009
Legal management consultant Joel Henning concludes that the law firm business model is broken and that the currently-proposed fixes (such as alternative fees, offshoring, increased use of contract attorneys, etc.) are “insipid and inadequate.” For Henning’s proposal, which centers on a regulatory revolution that would permit outside investors who “would bring to bear a more contemporary suite of tools and techniques for managing the delivery of legal services,” read the article here.
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