Perspective
Jan. 16, 2015
Rethinking the 'professional pyramid'
Despite new alternative, the legal industry remains unable to deliver a coherent, client-first approach that effectively integrates cost control, responsiveness, sophistication, experience and value. By Scott M. Wornow
Have you really evaluated whether you're better off having your $1,000 per hour engagement partner lead your diligence or document review, in the sense of rolling up their sleeves and doing actual work, or leaving it all to the $300 per hour first-year lawyer? It may be time to reconsider the standard model, which leaves much foundational work to those that may be least capable of building that foundation.
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