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By Rod Ellis
I put it to you that lawyers are their own worst enemies. Traditionalism, conservatism and cost consciousness within law firms (who supply a world that is becoming increasingly sophisticated and forever changing) means the law isn’t as fun or safe in some quarters as it used to be. Add some regulatory change into the mix and we have a professional Krakatoa brewing.
Harsh but fair, downright delusion permeates throughout all levels of many law firms – from individual lawyers’ aspirations of a “blazing” career path and remuneration to a collective mentality that change won’t happen significantly – not in their professional lifetime anyway.
It’s really interesting to see that investors are now hovering around the profession following the Jackson Reforms. Investors can see the potential – did you know the amount of revenue travelling into lawyers’ pockets nationally is a staggering £25.6bn at the last count. My mouth is watering, where do I sign...?
You hear the investors shout that awful phrase “we want game changers”. Of course they do, a “game changer” can grow and can grow quickly – it’s all about increasing capital value for investors. But we are looking at an industry that has always been about generation of income and the stakeholders (dare I say it the “oldies”) don’t want change, it’s their nat
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Rod Ellis qualified into commercial property and worked at a top 50
law firm for six years dealing with a varied portfolio for a major
institutional landlord and dealing with acquisitions of development
sites for a large brewer.
Rod then went on to work for a global recruitment Company in
Manchester/Sydney. He was a Private Practice consultant and project
managed the largest ever recruitment campaign in Australia and New
Zealand by a magic circle firm. He subsequently went on to become
Manager for Asia Pacific region in Sydney and set up the legal
recruitment arm of this major plc. He successfully opened offices in
Sydney, Melbourne, Brisbane, Perth and Auckland. He also individually
developed a desk recruiting in house lawyers for Sydney’s major
Rod returned to the UK and became a partner in a top 30 UK Law firm.
He was recruited to lead business development strategy and execution,
including managing the firm’s senior recruitment, working closely with
the managing partner on strategic issues and reporting to the board.
In 2006 Rod became the Proprietor of market leading consultancy Re
Legal. Re Legal focuses on Mergers and Acquisitions, Search and
Selection and strategic project work relating to people and strategy.
0330 161 1234