Businesslike Attitude for Lawyers – focus for New Law Society Boss
The new Law Society head Paul Marsh has vowed to make the business of law the overarching theme of his 12 months in office. The Lawyer reported Marsh as saying “This isn’t mutually exclusive with the law being a profession. You can be very, very professional and still be businesslike,” said Marsh. “Having a hard nose in business itself will provide clients with a better service, especially in the current economic climate.”
“It’s openly acknowledged that life’s going to be difficult …
The new Law Society head Paul Marsh has vowed to make the business of law the overarching theme of his 12 months in office.
The Lawyer reported Marsh as saying “This isn’t mutually exclusive with the law being a profession. You can be very, very professional and still be businesslike,” said Marsh. “Having a hard nose in business itself will provide clients with a better service, especially in the current economic climate.”
“It’s openly acknowledged that life’s going to be difficult and firms have to make tough decision to protect their businesses,” said Marsh. “Every business goes through it and I want solicitors to look to other industries and look at what they do – what would Coca-Cola do, for example?”
Are lawyers cut out for this kind of business-like direction? Surely law firms are already well down this road?
Do you see potential Dragon’s Den members stalking the corridors of your office? Would any of your partners a have Alan Sugar quaking in his business socks? Are you the next Carl Icahn?
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July 30, 2008
Half of the muppets I spend nearly every waking hour with don’t really know what commerce is. I’m not denying that most are technically very proficient in their specialism but making snap judgements on commercial aspects of deals is beyond the risk tolerance of most…Its easier to advise and then let business managers take the risks…
July 30, 2008
I had a friend who left the city to set up a fish shop, I think he now has three. The stuff he used to tell me about when he first started sounded pretty hardcore, I would rather chase my targets than go through all that. Having said that he is doing pretty well out of it now I hear. Don’t think a lot of people have the guts to take real commercial decisions, think you have to be able to take some serious s**t along the way…