Capacity exchange models will up-end BigLaw
What the lawyers of today and tomorrow want is vastly different to what those who came before sought, Fionn Bowd says. New pathways are emerging, and BigLaw firms that do not get on board will be left behind.
On this episode of The Lawyers Weekly Show, host Jerome Doraisamy is joined by Bowd chief executive Fionn Bowd to discuss the advent of capacity exchange models and how they are answering vocational questions being posed by emerging leaders in law who do not want to stay on the road to partnership with a single firm for the entirety of their careers.
The pair also talk about practical ways that national and global law firms can move towards capacity exchange models, what constitutes the right split between contractors and full-timers, and why such pathways might be more favourable for individual lawyers moving forward.
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