Schilling Strategic Legal Management

31/03/2020

Lawyers in boardrooms (Part 4 of 4)
Should your next role be as a NED for a law firm?
https://mtschilling.com/2020/03/31/lawyers-in-boardrooms-part-4-of-4/

10/03/2020

Lawyers in boardrooms (Part 3 of 4)
Should your next role be as a NED?
https://mtschilling.com/2020/03/10/lawyers-in-boardrooms-part-3-of-4/

04/03/2020

Lawyers in boardrooms (Part 2 of 4)
Should your next NED be a lawyer?

Should your next NED be a lawyer? When you are on the recruitment committee of the board of a publicly traded company looking for your next non-executive director (“NED”) should you consider offering the role to a lawyer? The correct answer is that the ideal individual for any NED role is the pe...

25/02/2020

Lawyers in board rooms (Part 1 of 4)

Should your next NED be a lawyer? Let’s say you’re on the recruitment committee of the board of a publicly traded company with a limited number of seats on your board to be filled by non-executive directors (“NEDs”). Should one of those board seats be filled by a lawyer? Would it be a good i...

24/01/2020

Leaving – UK law firms in Europe after Brexit

Today the heads of the European Commission and Council – Ursula von der Leyen and Charles Michel – signed the Withdrawal Agreement for the UK’s exit from the EU next Friday. This follows the UK European Union (Withdrawal Agreement) Act 2020 receiving Royal Assent yesterday and the

18/12/2019

When law firms fail (Part 6 of 6)

As we have now seen earlier in this series, when a business downturn occurs in legal practices structured using dispersed or virtual models, these models offer less flexibility to manage their finances. Crucially, such models also place considerable restraints on firm management in terms of the time

12/12/2019

When law firms fail (part 5 of 6)

We have now looked at how dispersed and virtual firms differ from conventional law firms when facing a slowdown in the business. When the firm is unable to pay their fees on time, consultants in a dispersed law firm model will start looking for another firm where they

05/12/2019

When law firms fail (Part 4 of 6)
See our blog here:::..

As noted at the outset, the focus of this series is not on why law firms fail but how the devolved nature of delivering legal services has changed the consequences of such failure. We have already seen how partner equity in a conventional law firms ensures both adequate

28/11/2019

When law firms fail - Part 3
See our blog here:

As we have already seen, when the viability of a law firm is put into question something akin to panic may quickly lead to the departure of lawyers and clients. While this is not unknown to conventional law firms operating as equity partnerships the risks are far

20/11/2019

PART 2: When Law Firms fail..
See my blog here..

In practical terms, law firms can disappear with uncharacteristic speed. Lawyers working together in a firm rely on the trust of one another to operate every day. Clients remain only for so long as their confidence in their lawyer remains strong. When the viability of a law firm

14/11/2019

Virtual law firms are here to stay but they will not all succeed..

Read my blog here::::::....

You have probably found the news of the next global recession being squeezed between news of other more localised sources of market instability depending on where you are in the world. I’m referring to everything from Brexit in the UK or bilateral trade wars with the US