Any lawyer or law firm who believes that things will “come back,” or “get better,” is living in a dream world.
Nothing is “coming back,” and things will not “get better.” Things have changed and will continue to change.
Forever? Who knows, but any lawyer or law student should proceed under the notion that things will get worse, for the near “forever.”
BigLaw, is over. There will continue to be large law firms, as corporate America can’t have their work done by 2 guys sharing space and a secretary. BigLaw, as in marble floors, embossed coffee mugs, overpaid and underqualified associates assigned 2 to a client, 3 times marked up copies and faxes, and summer programs more like summer camp, is over.
Billing as we know it, is over. No more .2 for a phone call, or .3 for a form letter. Write as many letters as you want lawyers, talk on the phone all you want. The fee will not be worth writing worthless letters, or having worthless phone calls.
The Yellow Pages, are over. The big fat Martindale-Hubbell books, are over. Books in general, are over. ThomsonWest, Lexis, your “20% off” books, is mostly ignored.
Receptionists, are a luxury. Press “1” for Joe Smith, will be the norm very soon. Joe may be in the office, or may not have an office.
Clients, will pay for services, not lobby furniture. Clients will hire lawyers over the phone, internet, and via video conference in their underwear from their family room.
It’s over, as we know it. Wait for it to “come back,” you’ll be waiting, and waiting, and waiting.
No, I have no studies, no statistics, no articles to back up what I am saying here. But I’m telling you, it’s over, as we know it.
Don’t you see it? BigLaw canceling summer camp, deferring new hires, law schools deferring new students? BigLaw is eating their last morsel of their lines of credit, and shedding people by the dozens.
What’s the point?
Unless you are a lawyer who offers needed services, let me say this more clear, unless you, you, are a lawyer, not a cog in the wheel, who offers needed, needed services, you have no future in this business.
Located in Miami, Florida, Brian Tannebaum practices Bar Admission and Discipline and Criminal Defense. Read his free ebook The Truth About Hiring A Criminal Defense Lawyer. Please visit www.tannebaumweiss.com