June 29, 2017

ABA book provides wakeup call that many say overdue for the legal sector

CHICAGO, June 29, 2017 — Some law firms might be only steps away from collapse and are totally unaware of their pending and dire situation. 

A release from the American Bar Association, “Death of a Law Firm: Staying Strong in the Global Legal Market” raises that warning while challenging the prevailing business model for national law firms. The thought-provoking book by Jaap Bosman, a leading strategy consultant and investor, carefully explores the changes unfolding in the legal profession, and explains in detail how the increasing commoditization, partner mobility and the way partners interact and make decisions is creating a toxic if not lethal environment for the legal sector.

“‘Death of a Law Firm’ is full of important insights about major law firms today — their strengths, weaknesses and eccentricities,” said James R. Silkenat, a New York lawyer and former ABA president. “The author knows this world in complete detail and pulls no punches in his analysis of critical business and organizational issues. This is a book not to be missed.”

Bosman has the reputation as one of the world’s thought leaders on the business of law. Founder of TGO Consulting, which operates from New York, The Hague and Hong Kong, Bosman received in 2013 the inaugural Financial Times Innovative Lawyers Award for International Strategy and is a winner of the Thomson Reuters Excellence in Legal Marketing Award. Co-writer Lisa Hakanson is a well-known strategy consultant and business analyst who has worked internationally both as in-house counsel and in law firms.

Title:                            “Death of a Law Firm: Staying Strong in the Global Legal Market”
Publisher:                    ABA Publishing
Pages:                         200
Product Code:                         1620745
ISBN:                                       978-1-63425-849-4
Size:                            6 x 9, paperback
Price:                           $34.95
Orders:                        800-285-2221 or shopaba.org

Editor’s note: Author interviews and review copies of this book are available by emailing Dean Pappas at Dean.Pappas@americanbar.org. If you publish a review of this book, please send tear sheets or a copy for our files to Dean Pappas, ABA Book Publishing, 321 N. Clark St., Chicago, IL 60654.

With more than 400,000 members, the American Bar Association is one of the largest voluntary professional membership organizations in the world. As the national voice of the legal profession, the ABA works to improve the administration of justice, promotes programs that assist lawyers and judges in their work, accredits law schools, provides continuing legal education, and works to build public understanding around the world of the importance of the rule of law. View our privacy statement online. Follow the latest ABA news at www.ambar.org/news and on Twitter @ABANews.