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Category Archives: Business Models

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Silos can be insidious and damaging and come in vertical and horizontal form

Posted in Business Models, Culture, Legal Profession, Management
Silos are insidious; they can develop by stealth both vertically and horizontally and once embedded in your culture and way of doing business, can be difficult to dislodge. Left to mature they can be hugely damaging. The best bet is to recognise the danger, assess your position and start tackling the problem (Sean Larkan graphic - Edge International)

One often hears partners or legal leaders mention ‘silos’ as an issue in their firm. Mostly, firms struggle to deal with this insidious threat that can, by stealth, undermine much of what is good about a firm and over time, cause extensive damage or block progress. Also, once they are embedded in the culture and… Continue Reading

LEX AFRICA – Africa’s leading legal network, turns 20

Posted in Brand, Business Models, Legal Profession, Professional Service Firms (PSFs)
LEX AFRICA will shortly launch its dedicated blog through which it will build even stronger relationships with the African and international business and legal communities. More on this soon.

LEX AFRICA, widely regarded as Africa’s leading, and certainly its largest, law firm network, celebrates its 20th anniversary at a time when there is unprecedented interest in Africa and attention from foreign investors and businesses. From humble but determined beginnings in 1993 with just five founding firms, LEX AFRICA has grown steadily to now number 29 country… Continue Reading

Slater & Gordon and Russell Jones & Walker tie up confirms law firms as business-savvy innovators, not ‘merge or die’ desperadoes

Posted in Australasia, Brand, Business Models, Leadership, Legal Profession, Mergers and Acquisitions, Strategy, Uncategorized, Values
The S&G acquisition of RJ&W in the UK is a good example of successful law firms implementing carefully thought through strategy and vision

The world’s first listed legal practice, Australia’s Slater & Gordon (S&G), announced its agreement to buy national UK firm Russell Jones & Walker (RJW) for £53.8 million on the 30 January 2012.  My UK-based Edge International Partner Chris Bull joins me in this post as we consider some of the implications of this transaction and how the respective markets… Continue Reading

Family Law practice – can it be leveraged and geographically distributed?

Posted in Australasia, Business Models, Leadership, Legal Profession, Management
A Family Law practice, traditionally regarded as requiring face-time from partners, can be leveraged - if you have the right calibre people and excellent support systems

I had always assumed a practice area like family law, by its nature, required direct partner intervention at every level – particularly ‘face-time’. It was also a practice that could not be commoditised. Nor could it be spread geographically. Also, unlike some other practice areas, there didn’t seem to be scope for a para-legal to… Continue Reading

Australian law firm offers senior employees opportunity to own shares

Posted in Australasia, Business Models, Culture
Wood slices v2

Employees own shares in this dynamic 105 year old Australian law firm M+K Lawyers, headed up by National Managing Director Damian Paul. M+K has embarked on a remarkable growth strategy around a unique business model and culture. Damian agreed to answer some questions: Sean: Your business model is unique and was the first of its kind… Continue Reading