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Law Department Management Blog

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Baumol’s cost disease and why law departments keep paying higher and higher hourly rates

    The Economist, June 28, 2014 at 11, writes about higher education’s future and observes that with colleges, it “suffers from Baumol’s disease – the tendency of costs to soar in labour-intensive sectors with stagnant productivity.” That effect could diagnosis the malady of corporate legal services: what big-firm lawyers do…

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Dispersion of branch offices and number of blogs supported by U.S. law firms

Continuing this series on law firms and their blogs, I hypothesized that firms with wider-spread branch offices would support more blogs. My reasoning was that if your footprint of clientele and prospective clients is broad, you need marketing efforts that reach broadly. Prospective clients everywhere can read blogs so they…