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I don’t buy into the idea that big law firms are more accountable than anyone else. I’ve spent too much time behind the scenes to fall for that anymore. Can yo
by nihonde 7y ago
I don’t buy into the idea that big law firms are more accountable than anyone else. I’ve spent too much time behind the scenes to fall for that anymore.
Can you imagine trying to sue a global law firm for malpractice? Are you aware that everything gets pushed down to the lowest, least experienced associate because that’s built into the business model?
Some firms are better than others, but I just simply don’t trust any of them any more.
Edit: I also don’t have too much respect for senior partners at big law firms any more. What kind of person cedes that much of their personal equity? If they were really great, they’d take their clients and run away from the huge, dysfunctional cost structure of BigLaw.
- c0restraint 7y ago> I don’t buy into the idea that big law firms are more accountable than anyone else. That’s not what the previous person said. People just think they’re paying a premium to get it done right, when as you point out, price is uncorrelated to correctness
- nihonde 7y agoYes, I suppose I was responding to the person GP was describing. I should have been more clear.
- manigandham 7y agoYes, my point is that people prefer the bigger names because it comes with a better perception of quality and general guarantee that they'll be around in case something goes wrong.
- nihonde 7y agoYes I agree that people think that. And I think they’re wrong, for a bunch of reasons.
- jiveturkey 7y ago> I don’t buy into the idea ... You are failing to put yourself into the customer's shoes. Maybe you don't buy into it, but clearly customers do. I don't know what the legal disruptor market strategy is, but going on what you've said, they shouldn't be differentiating on price. Rather, use reputation against the incumbents, somehow.
- nihonde 7y agoI’ve been the customer for as long as I was the “seller”. I’m saying that the customers are getting bamboozled and they ought to know better. The incentives are all backward. To be super clear: I support disruptors in this space. My gripe is with customer/clients that are holding change back for reasons that are against their own best interests.