A&O's Morley on the future of legal services: reinvent or disappear

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  • Which is roughly what firms were saying a decade ago.

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  • “Law firms genuinely will need to reinvent themselves and their business model over time,” adds Morley. “The only thing which matters in the future is your ability to compete in that world.”

    David Morley is a very bright guy but these lazy cliches arent exactly penetrating insights.

    The closest he comes to anything of interest is when he says:

    "So more places but fewer people"

    No doubt many big firms are overpopulated and need to slim down to preserve their profitability.

    Expect more cullings of A&O and other Magic Circle partners.

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  • Obviously got around to reading Susskind while on holiday.

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  • This quote says it all - there is a lot of talk at the moment about what law firms of the future should look like to survive. I think that connecting with people on a more human level via social media might just be one of the steps needed to change people's perception of law firms.

    Here goes: "Being constrained by what feels business-like, by constrictive social media policies, and by undue fears of ethical issues, lawyers and law firms may never achieve what’s possible with social media."

    Interesting read: http://kevin.lexblog.com/2013/09/02/are-lawyers-keeping-up-appearances-on-line/

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  • The Senior Partner of Allen & Overy LLP David Morley is the Gordon Gekko of the Law. Hence, I don't recall from my memory that I've ever seen such intellectual individual in his rhythm in any law firm, I've visited on University Open Days.

    Mr. Morley is extremely bright and the most respectful and approachable Senior Partner amongst aspiring law students in Great Britain. Meanwhile, I don't think he really needs to read "Susskind" he already interacts with clients around the WORLD with real deals.

    However, we're all aware The Law Firms in Great Britain are changing rapidly. But these changes had and will have huge impact on any growth scale of law firm in providing legal services to the World. However the crucial question within these changes are whether to stay positive and affirmative of following the ethics by providing efficient and quality advice for value without incurring the cost on Billing Hours. Following major crisis within the global economy the trading businesses becoming wiser and having their own in house legal department in order to save costs.

    However, providing quality legal advice and assurance to run extra - mile for the client is the success. The legal world is changing and the sphere of legal knowledge requires more then knowledge of legal buddies. The clients' want a "LAWYER" to understand their language and culture without being dripped into a saucepan of create a complication in effect to increase billing hours...

    CLIENTS' AROUND THE WOLRD DON'T WANT "MAMBO JAMBO"... STRAIGHT TALKING, WITH CLEAR AND PRECISE LANGUAGE.. KNOWLEDGE OF LAW AND BUSINESS AND FINANCE IS MUST THESE DAYS.. HOWEVER, SPEAKING SECOND LANGUAGE IS EXTREMELY IMPORTANT TO GAIN TRUST AND CONFIDENCE. IT'S BECAUSE WITHOUT TRUST THEIR IS NO CLIENT RELATIONSHIP TO CREATE FUTURE BUSINESS...

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