Law Firms Have to Think Like Businesses
Nicole chats with Ajay Raju, Executive Chairman/CEO, Dilworth Paxson, LLP
Ajay talks about how all great law firms are built at the intersection of relationship, value and judgement.
Strengths/habits that lead to success: Provide counsel vs. focusing on the delivery of legal work.
Growth strategy: Technology is changing the way law is practiced. Clients want value. Act offensively – create profit while embracing an environment of disruption.
Tactical best practices: Quality starts with the finest lawyers doing the best work possible then a niche or value prop that makes you and your firm unique.
Success story: White shoe firm absorbs change with enthusiasm.
Millennial, Mobile, Global: Millennial professionals have a native fluency with technology and are impatient. They are best equipped to take advantage of how technology and innovation will transition the industry.
Last word: Working with new concepts and in new industries has created excitement and energized the firm – you feel it in the hallways.