Freelance lawyers cited as key cost cutting move for BigLaw

The move of Allen & Overy and other leading law firms into using 'flexi lawyers' could be a crucial part of the formula of keeping down costs and meeting client demands, according to consultant Dr George Beaton.
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Dr Beaton is the author of a book, Re-making Law Firms - Why and How, which is due for release in January. Describing the use of freelances as a useful part of a survival strategy for legal practices, he said: 'The BigLaw model has been around in its current form since the Second World War. It has served clients and owners and employers … extraordinary well but, like all business models, they eventually run out of puff.'

Start with part of a firm

The use of freelance lawyers converts one heavy item of expenditure - personnel costs - from being a fixed to a variable cost. Since some fixed costs - the use of premises, in particular - cannot be made variable, it is especially important to get the best out of those that can be made variable, according to Dr Beaton. He suggests starting in a part of a firm, learning how to do it there and then expanding as the appetite grows. Source: Lawyers Weekly

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