Lexpert Magazine

June 2017

Lexpert magazine features articles and columns on developments in legal practice management, deals and lawsuits of interest in Canada, the law and business issues of interest to legal professionals and businesses that purchase legal services.

Issue link: https://digital.carswellmedia.com/i/834783

Contents of this Issue

Navigation

Page 68 of 75

LEXPERT MAGAZINE | JUNE 2017 69 | COLUMNS | MARKETING Heather Suttie is a legal marketing and business development consultant working with firms ranging from Big Law to New Law, global to solo. Reach her at 416-964-9607 or www.heathersuttie.ca. BY HEATHER SUTTIE that "Innovation is one of the firm's high- est strategic priorities," while 42 per cent of associates thought so. As for experiment- ing with new ways of delivering value, 92 per cent of partners agreed that they did so, while only 43 per cent of associates agreed. e divide was equally wide when the topic turned to money. In response to the statement "Our compensation structure encourages myself and other lawyers to try new things," 54 per cent of partners agreed, while just 25 per cent of associates did. As for alternative fee arrangements (AFAs), just 33 per cent of partners said they employ them frequently and 17 per cent never do. For associates, only nine per cent use AFAs frequently, nine per cent use them periodically and 18 per cent had never heard of AFAs. is finding alone should alarm traditional law firms that are losing clients to legal service providers who live and breathe AFAs, and who have chucked the traditional law firm billing structure in order to offer new ways of ca- tering to clients. e survey received 105 responses from practitioners who had spent at least three years working in a law firm in Canada. Sixty-one per cent of respondents ranged in age from 31 to 55 years old, and so had been working in law firms long enough to have seen changes in the market. But as one respondent now working outside of a conventional law firm observed, "e legal model is at least 25 years out of date. Every- one wants to keep their Benz but I think they will have a big surprise coming their way very shortly." THE SEISMIC SHIFTS Pressures cause shis. Sean Bernstein, a 2015 call and corporate lawyer at Osler, Hoskin & Harcourt LLP, was a respondent in the study. He thinks the differences of opinion between partners and associates may be generational. "e legal industry has moved slowly so older generations may view any changes as monumental. Younger generations may not see change as monu- mental because they're used to it." ese shis are happening more so outside of the conventional law firm set- ting. For example, there are lawyers who prefer to work full-time from their homes rather than be pressured by law firm poli- tics and office space. eir work-life bal- ance includes more informality and ease of mobility. For client visits, they'll toss their computer into a backpack and take a bike or public transit, if not a car, to get where they need to go. Patrick Hartford is a 2016 call who says, "Inefficiency drives me crazy." at frustration led him, with co-founder Ori Barbut, to launch Notice Connect, a web- site enabling individuals and businesses to publish legal notices online, which has been shown to be more effective and less expensive than publishing them in news- papers. Now an entrepreneur and resident at Ryerson University's Legal Innovation Zone, Hartford believes that once change is adopted, "it becomes a new convention." HAPPILY EVER AFTER? Whether innovation happens inside or outside a law firm, it must be tangible, meaningful and effective in serving clients every day. As Bernstein says, "the industry is in good hands with people willing to take a risk." And with clients holding the buying power, they'll have a big say in determining which innovation fairy tales end happily ever aer. Law firms must become receptive to change in order to effect it; here are the hits and misses of good innovation INNOVATION HAS BECOME a buzz- word that has lost its meaning. At its core, innovation is a desire to be new and different. at desire leads to breakthrough thinking and pi- oneering action. Risk is involved, which means failure is prob- able, not just possible. True innovation is difficult to achieve — and it can be elusive. THE TALE e Emperor's New Clothes, by Hans Chris- tian Andersen, is a tale about weavers who dupe an emperor into thinking his new clothes are visible to only a certain class of people. When the emperor appears in his "new clothes," everyone dutifully admires them until a child points out he is naked. e moral of this story is that not ev- erything we've been led to believe is true — and nor are various claims about legal innovation, which is why innovation isn't only elusive; it can be illusive, too. THE REALITY According to e Illusion of Innovation at Canadian Law Firms, a January 2017 study from the Faculty of Management at McGill University, there's a chasm between what partners and associates think is inno- vative. e study was conducted by McGill University law and MBA student Aly Háji under the supervision of professor Karl Moore, with mentorship support and guid- ance from Mike Ross of Juniper, a boutique innovation consultancy. e numbers tell the story. For example, 84 per cent of partners surveyed agreed Why Innovation Remains Elusive PHOTO: SHUTTERSTOCK

Articles in this issue

Links on this page

Archives of this issue

view archives of Lexpert Magazine - June 2017