August 29, 2012
One of the fundamental points that I try to make when counseling younger lawyers about launching successful careers is not to ignore the need to become a good businessperson as well as a great lawyer.
It was gratifying to see the same message from the leader of one of the largest law firms in the world—someone who is entrusted with making sure that the lawyers at the firm keep current and succeed. In a recent article in The Economist, Eduardo Leite, the new managing partner of Baker & McKenzie, was reported to have suggested that “one way lawyers can guarantee themselves work: by becoming experts in other industries, not just areas of legal practice.” Heed that advice to keep your options open for new client opportunities!
You should read the entire article because it includes some interesting insights of the future of the legal profession as a whole. Check it out: A less gilded future.
For more information on the current and future state of the legal profession, check out this FREE webcast from West LegalEdcetner: JD in the New Economy: Multiple Perspectives