Program Details
On Demand with PodcastBrave New World: An Early Look at Emerging New Business Models in the Legal Industry

Content Partner:  Hildebrandt Institute
On Demand$275.00*Add To Cart
Both$550.00*Add To Cart
Podcast$275.00*Add To Cart

* Applicable Membership or Subscription discounts will be added in your shopping cart

Description:

This program is not available for CLE credit.

As we emerge from a significant period of economic stress and unprecedented pressure on the traditional “law firm business model, it is clear that the model will certainly change in response to known long-term trends including:

  • Client frustration with the escalating cost of legal services, and the underlying cost drivers pushing fees ever higher 
  • Increasing frustration with law firm talent models that force the cost of training expensive new lawyers onto the client 
  • Fundamental misalignment of law firm incentives with client value, and 
  • Increasing frustration with the basic service delivery mechanisms employed by many firms

These trends alone will force a rethinking of the business models of many firms over the next several years. But other forces, some glimpsed and others yet to emerge, may ultimately have an even greater impact.

In this seminar, we will discuss the likely impact of known trends and offer thoughts on preparing your firm for potentially disruptive changes yet to come. In addition, we will focus on the interconnectedness of the various components of the law firm business model, and discuss how law firm leaders should deal with the “ripple effects” generated by their current market adaptation efforts.



Practice Areas: Accounting & Business of Law, Business of Law, Business, Finance, and Accounting, Law Practice Management
Online Media Type: Audio, Podcast
Production Date: 10/27/2009
Level: Intermediate
Category: Standard
Duration: 1 Hours, 33 Minutes
Online Format: On Demand

Click here for information on subscription discounts and Group Viewing opportunities.

Purchase of this product provides online access for 180 days. If you are purchasing a live webcast, you will receive complimentary access to the on demand version for 180 days once it becomes available -- usually within a week of the live webcast. Please note that the on demand and podcast versions may, or may not be accredited in your state.

If you intend to take a course for CLE credit, please make sure your state is listed in the "Accreditation" section to the upper right of the program description. West LegalEdcenter will not provide accreditation for states not listed.  Accreditation displayed is unique to the purchased program format (live conference, live webcast, on demand, podcast). Credit totals listed for live conferences are the maximum credits available. Credits issued will be based upon actual time in attendance.  Credit totals for other formats are for complete programs.  Partial credit is not available for any online or downloadable format. 



This product is intended for individual use by the named purchaser. Group viewings for online programs may be arranged for five or more attorneys within the same organization prior to viewing by emailing sales@westlegaledcenter.com.



Podcast Accreditation Information

If you are seeking MCLE credit, please be sure to read both documents provided in My Programs after purchase of the podcast in their entirety.

MCLE Credit is only available for states listed in the "Podcast Accreditation" section on this page. MCLE credit may not be requested for states not listed.

A verification code will be provided at a random point within the audio file. There will be a separate code for each hour of the program. Please be sure to note each verification code.







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On Demand Accreditation:

Not accredited in your state? You may be able to apply for credit. Check your state requirements and get contact information.
Podcast Accreditation:

Not accredited in your state? You may be able to apply for credit. Check your state requirements and get contact information.
Speakers:
Joseph B. Altonji - Hildebrandt International
Lisa R. Smith - Consultant, Hildebrandt

This product is designed to provide information in regard to the subject matter covered. It is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional person should be sought.


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