Focus, Law firm management: A year of living dangerously By The Lawyer 28 March 2009 00:00 17 December 2015 15:12 Sign in or register to continue reading. It's FREE Sign in Email Password Keep me logged in Forgot your password? Not registered? It's FREE! Register now Register with The Lawyer Anonymous 30 March 2009 at 12:38 To all these people who say business will change because of a paradigm shift – there are only so many ways of doing business. You work for a period of time and you charge for it. Reply Link Frank Maher, Legal Risk LLP 3 April 2009 at 15:53 The paradigm shift which is under way was summed up by a large corporation’s general counsel at a recent conference in Chicago – ‘the shape of the successful law firm is not a pyramid’. The traditional leveraged model of law firms with large numbers of associates is under attack, the same general counsel commenting that partner: associate ratios of 1:1 delivered better results than 2 or 3:1. Add to the mix the issue that in house lawyers are increasingly undertaking transactional work and only instructing outside lawyers on the discrete difficult bits, and e-billing (which should not make any difference, but in practice does), and the earnings of partners in many a traditional, highly leveraged law firm will have gone west for all time. Reply Link Ron Friedmann, Integreon 6 April 2009 at 23:29 The new shape of law firms may well be a cylinder, not a pyramid. Squeezing a pryamid down has huge implications for both lawyers and staff. My Integreon blog post assess potential implications, also drawing on a published interview of Linklaters managing partner Simon Davies addressing the potential of a paradigm shift. How Law Firms Can Survive Transforming from a Pyramid to a Cylinder (http://www.integreon.com/blog/2009/04/how-law-firms-can-survive-transforming-from-a-pyramid-to-a-cylinder.html) discusses this in more detail. Reply Link Name Email Cancel reply Threaded commenting powered by interconnect/it code.