BigLaw's New Bosses Will Have Skills To Pay The Bills

Law360, New York (February 19, 2013, 8:26 PM EST) -- The American law firm business model will bend, or it will break.

That’s the growing consensus of legal industry thinkers who say the fragile bonds of the firm partnership model have already begun to snap, even as the legal business evolves in a more Darwinian environment in which firms will have to mimic stronger species, or expire.

In place of partners and committees, firm leadership roles will fall to “C-suite” executives with titles like "Chief Innovation Officer," who will evaluate 10- and 20-year technology and cultural...
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