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Showing posts with label Law Firms. Show all posts
Showing posts with label Law Firms. Show all posts

Sunday, April 13, 2008

Team Working and Lawyers - follow up to tonights earlier post

Thank you to a Strategic Legal Technology post from Ron Friedman this evening. 

One of the snippets posted covered recent comments by Jordan Furlong about law schools and team work (and the lack of it). 

I'd always considered that it was law firms and their culture that tended to drum team working out of its trainees but it apparently happens earlier in the law schools. (I'm sure not all law firms are that way - though from reading some of the blawgs and reading Legal Week I'm not so sure now)

When I was studying some of my happiest times where when I was talking to fellow students from all over the world and gaining new insights that I would never have had in the first place - if they hadn't been so open and hopefully they felt that I contributed as well.

Knowledge sharing is an entree into the world of innovation if we have or are allowed to make time for it as well as having a good team working relationship. 

Anyway click on the title of this post to read the article

The future challenge to knowledge management

I've been catching up with some reading this weekend. The front cover of the Economist is titled "The Great American slowdown' and that they consider that the American economy has slipped into recession. and that the American consumer is in no fit state to start picking up the baton and start spending, in fact they are starting to re trench. I don't think that the recession will be deep but in America and for the world it might be long. However, I think that the concept of economic decoupling might mean that the recession is likely to be uneven in its impact especially in India and China.

I was then reading an article in Legal Week covering knowledge management - side by side with an interesting article by Bruce MacEwen over at Adam Smith who comments on the economics of law firms.

This has started to posit a thought in my mind regarding knowledge management in organisations as a whole. The thought is this - is a recession in the world economy going to help or hinder knowledge management in organisations.

One of the areas that I have studied is the lack of time that people have to share knowledge within their organisations - now you would argue that as a recession bites that a wise management would work with people and encourage them to replenish the organisations knowledge banks to make up for the reduction of work volumes and also start to develop both client and internal knowledge networks.

However if you have an economic model of business that charges according to time spent on a matter, and rigidly keep to it, then if those people don't hit the targets and you decide to lose them, then you take a double hit a loss of potential fee earning when the economy turns up as well as a loss of knowledge. 

I'd be taking the hit in term of fee income but retaining people for the turn up and for those areas which aren't so busy ensure that they are updating their knowledge banks, more training, increased mentoring and those all important client and social networks so that they have got the reserves to draw upon to become better problem solvers both internally and externally.

Of course if you start to make people redundant , then you send a message that you keep working as hard as you did and that sharing knowledge still isn't on the managements agenda be it good times or bad times. This leeches into the organisations culture and then future knowledge sharing becomes more difficult because of the Hawthorne effect described by Roethlisberger and Mayo.

In a recession, because of the fear of redundancy, most people traditionally will decide to hoard knowledge, thinking that this is the way to stay safe by concentrating on their own work silo rather than helping colleagues by sharing knowledge. Will managers reward those who share knowledge or those who hoard - the decision is up to senior management to decide which side they choose to reward.  People surely should not be measured in how many hours that they work in a week, but in how the solve a clients problems and work with their fellow colleagues both as people but also by sharing knowledge for the betterment of all.

At the end of the day people learn that sharing knowledge isn't a core concern of the organisation and because of this learn not to share knowledge within their organisation and that being homo economicus - the return on investment does not match the original investment. 

However people are not wholly economic animals and even Adam Smith recognised this when he said 'that an individual stands at all times in need of the co-operation and assistance of great multitudes'  He also states in Moral sentiments with a quote on which our well being in the future might depend " How selfish so ever man may be supposed, there are evidently some principles in his nature which interest him in the fortune of others and render their happiness to him, though he derives nothing from it." 

I talk about reciprocal altruism, and believe that people do share knowledge even though they might gain nothing from it now - they share it because of care for a fellow human being and for me the ability to look into a mirror and see the person my parents wished me to be and that ones active principles should be that of generosity.

 Though I recognise that the temptation in troubled times must be immense not to share knowledge with a colleague who you suddenly see as a competitor and that you may have to fight figuratively speaking to save your job, your standard of living of you and possibly your family. 

Does knowledge sharing go even more backward in your thoughts at this time or do you have enlightened management that supports knowledge management in tough times recognising it as an investment in the future of the organisation or do they see it as an easy target for budget cuts a nice to have rather than a core necessity. It is a long term change for senior management in any professional services environment and I don't think that any one management theorist has all the answers - but it is a challenge that we need to address to keep our organisations going in the future.

Thursday, October 18, 2007

Web 2.0 Summit - interesting news

Microsoft has just announced at the Web 2.0 Summit which can be accessed by clicking on the title link, that it is working with Atlassian on its enterprise wiki product Confluence and Newsgator on its newly released Newsgator Social sites, which is “a collection of site templates, profiles, Web parts and middleware”.

Both products I understand will be part of Sharepoint 2007. I understand that wikis and blogs were going to be a part of this - but in my reading, I have noticed that Atlassian has been the subject of positive review by end users and maybe the use of wikis in S 2007 was a bit primitive.

This shows to me that Microsoft has recognised that S 2007 needed some improving as the version that I'd seen was basically just a doc management and collaboration offering and that the wikis and blogs were a bolt on extra so some further IT work was required especially RSS. However like it or not as it was a Microsoft offering then IT administrators I imagine felt that there would be a comfortable fit with the other services such as the ubiquitous MS Office.

As I've pointed out in a few previous blogs - tacking on Web 2.0 is I think going to be a commercial imperative - in not only retaining and attracting clients but also attracting your next generation of employees. Imagine a few years ago trying to tell a new junior solicitor/trainee, that you didn't have access to the Internet.... In a few years time, they will expect wikis blogs and video sharing as a part of the organisations internal plumbing. Although of course my view is that these are important for knowledge sharing - my view has been for over the last two years was that they could be utilised as part of project management and better internal communication.

It is important as we face the search for talent, that your firm is seen as dynamic and innovative and that strategically you have a handle on these issues and that you are open to new ideas. It may not be the clincher but it might be a negative if you aren't perceived to be offering these facilities.

Lawyers especially those in the provinces in the UK (with a few honourable exceptions such as Duncan Ogilvy at Mills and Reeve, Chris Bull at Osborne Clarke, Mark Gould at Addleshaw Gould and David Smith at Hill Dickinson have been over conservative towards knowledge management and tend to concentrate on the technology side which is a helpful step forward but will never fully deliver until they recognise the people aspects and start to adjust the direction of their PSL's towards a more commercial and market facing approach.