Legal Research

"How to Kill a Law Firm"

This post was written by Jordan Furlong: "There's a story told about Jack Welch, former GE president -- it might be from one of his books, or it might be apocryphal; quite possibly it's both. The story goes that soon after he took over the company, he called in his vice-presidents and other senior people and advised them that countless smaller companies and start-ups were out there gunning for GE, hoping to take down the top dog by finding the chinks in its armour and exploiting them. He directed his people to locate these companies, identify the disruptive innovations they were coming up with, and prepare defences against them.

Two days later, Welch called those same people back into the boardroom and told them he'd changed his mind. When his VPs and senior leaders found these companies and figured out what they were doing to destroy GE's business, they weren't to prepare defences against those innovations. They were to adopt them....

So here's a primer on your enemy and its reconnaissance efforts. When these entities sit around a table and say, "How can we kill off law firms? What key weaknesses can we exploit?", here are three answers they're most likely to come up with, the jugular veins they're aiming for..."

Continue reading this interesting post and reach the active link by clicking on the author's name.

Source: Law21ca, 12 August 2010. © 2008 Jordan Furlong, reproduced with permission of the author.

Full post as published by Stark County Law Library Blawg on August 18, 2010 (boomark / email).