Some say we need swifter and faster decision-making, and that the LLP partnership model needs either to adopt corporate structures or change governance so that faster decisions can be taken. It is certainly true that the LLP partner model can overly focused on this year’s PEP rather than on building long term value. We are seeing new business models – private equity, listed firms, and corporate structures. If you ever sat around a board table with a law firms owned by ventur

Lexington Leadership Circles Lexington hosted three Leadership Circles at the IBA Annual Conference 2023 in Paris. A series of...

Paul Browne at Lexington Consultants, introduces the key aspects to consider when moving from a partnership structure to a corporate culture.

Recent research by Lexington Consultants reveals that as law firms progress through their lifecycle, it becomes imperative for them to refine their business development (BD) structures. This refinement includes a strategic adjustment in the profiles and expertise of their BD professionals, aligning with the evolving demands of the firm. Astonishingly, a significant majority—over 70%—of BD professionals express the presence of palpable tension between their teams and the major

Can partners focus only on legal work or only look for new clients? What is currently expected from partners to build a sustainable law firm and win more work? Watch Lexington Consultants video-podcast series (Part 2) on Client Management and Development where Katie Dignan, Mari Cruz Taboada and Moray Mclaren explore the challenges that firms have internationally trying to coordinate and institutionalise their business development.

Watch Lexington Consultants video-podcast series (Part 1) on Client Management and Development where Katie Dignan, Mari Cruz Taboada and Moray Mclaren explore the challenges that firms have internationally trying to coordinate and institutionalise their business development. Is the challenge linked to the current business model or the nature of a partnership?

En un mercado altamente globalizado, las firmas de abogados siguen debatiendo sobre el mejor modelo de internacionalización para poder servir a sus clientes fuera de sus fronteras. Establecer una buena relación con abogados de otras jurisdicciones puede ser clave para desarrollar canales de crecimiento recíproco derivando clientes. Analizando nuestros proyectos desde incios de año, el 47% de los encargos de clientes a Lexington Consultants se centran en la expansión e interna

Extract presentation by Moray McLaren at the Commonwealth Conference 2023. Will what got us here get us there? How to find meaning and...

El clásico experimento de Solomon Asch sobre el conformismo individual frente a la opinión de grupo, es una excelente manera de comprender la dinámica de muchos de los bufetes de abogados. ( Extracto artículo de Opinión en Expansión Jurídico. Autora: Mari Cruz Taboada) Recientemente escuchaba un interesante podcast sobre el trabajo del psicólogo Solomon Asch donde, con sus experimentos, demuestra que las personas devalúan y rechazan a quienes no se ajustan a sus juicios de va

As the end of the year approaches, we wanted to share with you the preliminary conclusions from the research Lexington is undertaking with the IBA’s Law Firm Management Committee on recent trends within law firm ownership and remuneration. What should law firm leaders be doing? Looking back, the priorities listed by the 200 law firm leaders participating in the 2020 survey reflect the challenges of the time. Watch more below. Needless to say, your input is very important. Alt

After the shock of the pandemic, some firms in the Spanish legal market demonstrated great resilience achieving great financial results, with double digit revenue growth. The Newspaper El Confidencial, publishes an annual report with law firm rankings by revenue in Spain. When analysing 2021 results, it is interesting to observe the "Top 20" law firms and compare to the year before. In this occasion, Perez Llorca was one of the winners with an increase of 32.9%, surpassing Gó

This remarkable time of growth and change introduces a new age for the Indian legal industry. Many large and mid-sized law firms are aiming to build a pan-India presence, adding more practices and expanding their reach by acquiring teams and smaller firms. At the Agenda India 2022, participants shared their views on how the market is consolidating and specialist firms are growing their practices with the wider client needs. Different approaches are required in different geogr

When looking at succession planning or leadership transition in law firms, the challenge is challenge is how to best build on strong foundations and drive growth into the future. Our theme at the Leadership Breakfast during the IBA Annual Conference in Miami. focused on the transition from Founders to Firm, with selected participants from 15 countries around the world sharing their personal experiences and lessons learned. ​ ​ Stephen Revell and Moray McLaren shared a case st

La firma mexicana Creel, Garcia-Cuéllar, Alza y Enriquez anuncia el inicio de operaciones en la capital de España en 2023, meses después de aterrizar Untitled SLC, que lidera el abogado argentino Martin Litwak. Mari Cruz Taboada, socia de Lexington Consultants opina en relación a la entrada de firmas latinoamericanas en España, como puerta de entrada a Europa.

Uncertainty or enthusiasm for the fastest economy in the world? Sunday, 30th October from 11.30am - 1pm This remarkable time of growth...

An extract from Inspire magazine issue 5, from Möller Institute at Cambridge University. The people challenges facing businesses as we emerge from Covid only serve to highlight the many tensions within traditional approaches to reward and remuneration. Going forward, how should we be defining "success" within partnerships and adopting approaches that can better deliver on our promises to our people and clients?

The human factor: Leading the firm to the future Sunday 30th October, Miami Lexington is pleased to invite a select group of friends and...

Watch the summary of Lexington Insights, a conversation where Moray McLaren, Tony King, Mari Cruz Taboada, Stuart Hopper and Paul Brown discuss in a series of six video-pods the key aspects to take into consideration when law firms transition from founding partners to the next generation of leaders. #FromFounders2Firm

La revista LexLatin publica una reflexión de Mari Cruz Taboada socia de Lexington Consultants sobre el reto de los socios fundadores de firmas de abogados en el proceso de sucesión. Un plan de sucesión adecuado requiere que el abogado sénior haga la transición de los clientes con abogados más jóvenes de tres a cinco años.

A raíz del Foro Justicia en Madrid, Mari Cruz Taboada, socia de Lexington Consultants analiza los temas que a las firmas de abogados y...