Our assembled COOs and senior law firm managers all contributed to a fascinating roundtable discussion about the pros and cons of a more decentralised approach.
There was a consensus that the larger firms are currently most likely to be adding operational and commercial resources at the practice group level and that mid-sized firms were probably still focused on building up their central support, offering departmental heads better business support from the centre. But also a recognition that a change that starts in larger firms often percolates its way around the legal sector over time.
Here are 10 things we learned:
The Legal COO Network brings together law firm Chief Operating Officers (COOs) across a spectrum of firms, ranging from some of the largest global players to regional outfits and new model legal companies. Our members are keen to know a bit more about what their peers are doing and to share ideas and experiences in a secure, confidential and friendly environment. The Legal COO Network is sponsored and supported by BigHand and chaired by Chris Bull, Edge International consultant (and former COO).
Join our next Legal COO Network event, happening 23rd June, 12 - 1 pm BST. We'll be discussing the enterprise-level tools that COOs and CFOs are now required to use at Business Unit level. And how firms are addressing this urgent business critical need.