The Bad News: Being Relevant Today Is Not Enough
Author | Adam Newhouse |
Pages | 77-83 |
77
CHAPTER 9
The Bad News: Being
Relevant Today Is
NotEnough
There may have been a time when once you got good at something,
maybe “made a partner,” you could live off that for the rest of your
career. If those times ever existed, they’re gone now. The minute you
start thinking you know how things work, you’re dead.201
—David Maister
We need to regain the trust and confidence of the business community
before we become totally obsolete and irrelevant to the needs of busi-
ness. To do so, we must develop a new story of the profession—a story
commensurate with the demands of the modern digital age. Thinking
like a lawyer alone will not get us there. Nor will we create such a story
merely by fixing problems that came into light during the Great Reces-
sion. While learning from the past is important, in the digital age we
need to learn also from the future.
Lawyers Reinventing Themselves—Rethinking
the Cravath Model
Innovation is the heart of every exceptional business. Innovation
continually poses the question: What is standing in the way of my
customer getting what he wants from my business?202
—Michael E. Gerber
Since the Great Recession, law firms have been reassessing the viabil-
ity of whatever remains of the once sacrosanct pyramid model of
201. Maister, Managing the Professional Service Firm (cited in note 99) at 147.
202. Gerber (cited in note 128) at 121.
new55202_09_ch09_077-084.indd 777/8/16 12:52 PM
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