Round table outcome between the lawyer and Thomson Reuters
The round table conference between two
legal favorites was chaired by William Robins, a corporate partner and chief
operating officer at Keystone Law, to discuss New regulations, technology,
competitors and customer expectations, business process management (BPM),
business process outsourcing (BPO) and the use of technology within law.
The main motto of the conference was
highlighted by Williams, “To some, this is just management speak and a foreign
language which has no place among the art of law, At the heart of our
discussion is the role of technology and strategic thinking in law firms to
re-engineer how things are done and, in particular, how we can make operations
quick and track able, predictable and efficient.”
The
discussion started with Gary Jackson, operations director, Irwin Mitchell
explaining how in the mid 80’s the concept of six sigma took birth. That in
90’s only did BPM received its contraception through GE. He explained the main
features of BPM and how Toyota gave the ‘lean’ processes and ‘lean’ management.
Nowadays management is the main agenda of financial services and investment
outlets.
Adam
Shutkever, chief operating officer, Riverview Law gave his piece of mind of
current developments in the legal sector, which are applicable in UK according
to him. Alternative business structures (ABS) is not as efficient in law firms
according to Adam cause the clients have no idea of the comparison between two
firms in relation with this “add catalyst” for change. Samantha Steer, FloSuite
legal product manager, Thomson Reuters was confident that Firms will be driven
by customers, particularly when there are new entrants coming to the market.
Firms are starting to take more notice of what customers actually want, and if
you look at in-house counsel they’re increasingly asking for changes to be
made. For firms that haven’t started BPM, Crawford Hawley-Groat, director of
IT, Maclay Murray & Spens explained that such firms should ask elementary
questions like would I pay for this?’ When you look at the bill that lands in
front of you for work that is carried out, stand back and think: ‘Am I getting
value for this? Would I pay my own money for the service that I’m receiving?’
Crawford was of the thought that BPM requires time and reasons, that it is not
an instant processable change for any law firm
As
for analyzing a process effectively in a law firm, Jackson gave a simple
turnover plan, that In a typical law firm there are partners who are fee-earners, who dictate file notes.
Historically those will be dictated via a secretary. The fee-earner will speak
to the client, finish the call, then call upon the services of a secretary or a
PA to take a note to reflect on what was said in that particular call. That
then takes time and effort for two-people. If a partner can directly take
notes, print then it is all done quickly with lots of energy and time saved.
Shutkever said he was bewildered by the sophistication of work play in a law
firm. Him being in a sector nowadays, he finds it ridiculous for the partner to
have a call with the client and then go back in and call the secretary to
dictate a note, presumably on paper, then maybe put it in the post afterwards.
Abbey Ewan, director of business transformation, Simmons & Simmons said she
had been too many conferences and all these years the issues which got
mentioned were raised there too. But a little change had ever been made
regarding them. Ewan discussed briefly about the pincer movement of ABS, legal
process outsourcing (LPO), disruptive technology and the economic environment
which was followed by debate like discussion.
Legal Process Outsourcing
The problems which the management was
facing, is according to Hawley-Groat, everybody’s problem. Ewan agreed with
Crawford but in his experience lawyers spent very little time looking at the
world around them and paying much more attention to what their clients had to
say to them. The roundtable went on for some more precious time; the conference
was at its productive best with giving an excellent insight into what the
future holds for today’s law firms.
On asking about returning to this discussion theme in 20 years’ time,
Shutkever remarked that, “I think there will be few, if any, law firms
structured as traditional partnerships and I don’t think anybody will get away
with billing by the hour.”
Today’s successful law
firms are already realizing the importance of striving to deliver a great
customer experience, however it’s the firms that keep a close eye on
streamlining their internal processes that will continue to flourish in the
future.Also Read: What is Legal Process Outsourcing
Are you looking for Legal Outsourcing
13 comments:
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