Professor Bernard Hibbitts<br />University of Pittsburgh School of Law | Fall 2010<br />Lawyering: A History<br />
Lawyering in Crisis, 2000-2010<br />
Technology and the Web<br />
Globalization<br />
Corporate overreaching<br />
Terrorism and war<br />
Reversal and recession<br />
Eight crises for lawyers<br />
#1: The crisis of scale<br />
More lawyers<br />
“BigLaw”<br />
More (and bigger)megafirms<br />
More (and bigger)megafirms<br />
More (and bigger)megafirms<br />
Skywriting<br />
Skywriting<br />
The legal services industry<br />
Changing practice patterns<br />
#2: Economic crisis<br />
Income shifts<br />
Income shifts<br />
Income shifts<br />
Big firm failures <br />
Hill and Barlow, 2002<br />Cause of death: practice group (partner) splits<br />
Brobeck, Phelger and Harrison, 2003<br />Cause of death: runaway growth, too much debt, weak client bonds<br />
Coudert Brothers, 2005<br />Cause of death: divergent risk environments<br />
Thelen Reid, 2008<br />Cause of death: lack of leadership, too much debt, partner splits<br />
ThacherProfitt & Wood, 2008<br />Cause of death: debt, lack of diversification<br />
Heller Ehrman, 2008<br />Cause of death: partner split, debt<br />
Wolf, Block, Schorr & Solis-Cohen, 2009<br />Cause of death: lack of diversification, debt<br />
Mann Bracken, 2010<br />Cause of death: debt, collapse of third-party provider<br />
Lawyer layoffs<br />
Lawyer layoffs<br />
Lawyer layoffs<br />
Lawyer layoffs<br />
Hiring freezes and deferrals<br />
#3: Organizational crisis<br />
The extinction of BigLaw?<br />
Goodbye to the Cravath model<br />
Over-leveraged associates<br />
More aggressive in-house counsel<br />
Foreign competition<br />
Alternative billing<br />
Unbundling<br />
Downsourcing<br />
Backsourcing<br />
Outsourcing<br />
New business forms?<br />
Boutiques and solos<br />
Virtual lawyering<br />
The future?<br />
#4: Emotional crisis<br />
Unhappy lawyers<br />
A self-help boom<br />
Recession and suicide<br />
#5: Moral crisis<br />
The Enron collapse<br />
Pursuing the Enron fraud<br />
Enron and legal ethics<br />
Milberg and the fall of Bill Lerach<br />
#6: Service crisis<br />
More push for pro bono…<br />
…but not enough<br />
Too many lawyers?Or too few – and for whom?<br />
Lawyers and Guantanamo<br />
Backlash<br />
#7: Educational crisis<br />
More law students<br />
More LSAT takers<br />
More law schools<br />
Law student debt loads<br />
Fewer minorities – and women?<br />
Grade inflation – and elimination…<br />
Law school curricular reform<br />
Problem-solving and skills<br />
New models of legal education<br />
Apprenticeship revived?<br />
#8: Identity crisis<br />
Professionalism initiatives<br />
Who do we think we are?<br />
Knowing our history can help<br />
	To be ignorant of what happened before you were born is to be ever a child.<br />	- Cicero<br />
Look…<br />
…and see!<br />
…and see!<br />
Thank you!<br />
Why did the recent recession bring down more law firms than previous economic downturns?<br />What factors have compromise...
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LH 24 | Lawyering in Crisis, 2000-2010

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LH 24 | Lawyering in Crisis, 2000-2010

  1. 1. Professor Bernard Hibbitts<br />University of Pittsburgh School of Law | Fall 2010<br />Lawyering: A History<br />
  2. 2. Lawyering in Crisis, 2000-2010<br />
  3. 3. Technology and the Web<br />
  4. 4. Globalization<br />
  5. 5. Corporate overreaching<br />
  6. 6. Terrorism and war<br />
  7. 7. Reversal and recession<br />
  8. 8. Eight crises for lawyers<br />
  9. 9. #1: The crisis of scale<br />
  10. 10. More lawyers<br />
  11. 11. “BigLaw”<br />
  12. 12. More (and bigger)megafirms<br />
  13. 13. More (and bigger)megafirms<br />
  14. 14. More (and bigger)megafirms<br />
  15. 15. Skywriting<br />
  16. 16. Skywriting<br />
  17. 17. The legal services industry<br />
  18. 18. Changing practice patterns<br />
  19. 19. #2: Economic crisis<br />
  20. 20. Income shifts<br />
  21. 21. Income shifts<br />
  22. 22. Income shifts<br />
  23. 23. Big firm failures <br />
  24. 24. Hill and Barlow, 2002<br />Cause of death: practice group (partner) splits<br />
  25. 25. Brobeck, Phelger and Harrison, 2003<br />Cause of death: runaway growth, too much debt, weak client bonds<br />
  26. 26. Coudert Brothers, 2005<br />Cause of death: divergent risk environments<br />
  27. 27. Thelen Reid, 2008<br />Cause of death: lack of leadership, too much debt, partner splits<br />
  28. 28. ThacherProfitt & Wood, 2008<br />Cause of death: debt, lack of diversification<br />
  29. 29. Heller Ehrman, 2008<br />Cause of death: partner split, debt<br />
  30. 30. Wolf, Block, Schorr & Solis-Cohen, 2009<br />Cause of death: lack of diversification, debt<br />
  31. 31. Mann Bracken, 2010<br />Cause of death: debt, collapse of third-party provider<br />
  32. 32. Lawyer layoffs<br />
  33. 33. Lawyer layoffs<br />
  34. 34. Lawyer layoffs<br />
  35. 35. Lawyer layoffs<br />
  36. 36. Hiring freezes and deferrals<br />
  37. 37. #3: Organizational crisis<br />
  38. 38. The extinction of BigLaw?<br />
  39. 39. Goodbye to the Cravath model<br />
  40. 40. Over-leveraged associates<br />
  41. 41. More aggressive in-house counsel<br />
  42. 42. Foreign competition<br />
  43. 43. Alternative billing<br />
  44. 44. Unbundling<br />
  45. 45. Downsourcing<br />
  46. 46. Backsourcing<br />
  47. 47. Outsourcing<br />
  48. 48. New business forms?<br />
  49. 49. Boutiques and solos<br />
  50. 50. Virtual lawyering<br />
  51. 51. The future?<br />
  52. 52. #4: Emotional crisis<br />
  53. 53. Unhappy lawyers<br />
  54. 54. A self-help boom<br />
  55. 55. Recession and suicide<br />
  56. 56. #5: Moral crisis<br />
  57. 57. The Enron collapse<br />
  58. 58. Pursuing the Enron fraud<br />
  59. 59. Enron and legal ethics<br />
  60. 60. Milberg and the fall of Bill Lerach<br />
  61. 61. #6: Service crisis<br />
  62. 62. More push for pro bono…<br />
  63. 63. …but not enough<br />
  64. 64. Too many lawyers?Or too few – and for whom?<br />
  65. 65. Lawyers and Guantanamo<br />
  66. 66. Backlash<br />
  67. 67. #7: Educational crisis<br />
  68. 68. More law students<br />
  69. 69. More LSAT takers<br />
  70. 70. More law schools<br />
  71. 71. Law student debt loads<br />
  72. 72. Fewer minorities – and women?<br />
  73. 73. Grade inflation – and elimination…<br />
  74. 74. Law school curricular reform<br />
  75. 75. Problem-solving and skills<br />
  76. 76. New models of legal education<br />
  77. 77. Apprenticeship revived?<br />
  78. 78. #8: Identity crisis<br />
  79. 79. Professionalism initiatives<br />
  80. 80. Who do we think we are?<br />
  81. 81. Knowing our history can help<br />
  82. 82. To be ignorant of what happened before you were born is to be ever a child.<br /> - Cicero<br />
  83. 83. Look…<br />
  84. 84. …and see!<br />
  85. 85. …and see!<br />
  86. 86. Thank you!<br />
  87. 87. Why did the recent recession bring down more law firms than previous economic downturns?<br />What factors have compromised the big firm “Cravath system” of promotion from associate to partner?<br />How has globalization challenged the American law firm structure?<br />How has American legal education attempted to adapt to new practice circumstances?<br />Review questions<br />
  88. 88. Professor Bernard Hibbitts<br />University of Pittsburgh School of Law | Fall 2010<br />Lawyering: A History<br />

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