competitive advantage for law firms

Size and scale can be a competitive advantage for a law firm, but it can also probit collaboration. It can be difficult to truly collaborate if #lawyers don't know where to start or who to turn to for answers.

And why bother collaborating? Glad you asked.... "Smart Collaboration" by Heidi K. Gardner shows that firms earn higher profit margins (who doesn't like that?), inspire greater client loyalty (critical in today's market), attract and retain the best talent (talent wars are still ongoing), and gain a competitive edge when specialists collaborate across functional boundaries.

What does this mean for lawyers, their practice, and the firm?

Get to know your fellow lawyers and their skillset. Introduce yourself! Understand the kind of work they do, the work they like, and the clients they serve. Learn your colleagues' work styles and approaches and discuss how you can work together. A collaborative approach provides seamless service to your clients (win-win 🏆 for all).