Nine Compelling Reasons For Lawyers to Practice Global Thinking
By Dr. Thomas J. Venardos
A Promising New Direction for Lawyers to Take Action
The consensus appears to be that the beginning of the twenty-first century
will be driven by innovation, diversity, the entrepreneurial spirit, technological
changes and the new global economy. What does this mean for lawyers and their
firms? Basically it means a shift in thinking to globalization and the impact
this has on their business practice. They will need to learn different types of
business and professional skills to remain competitive. Furthermore, it causes
them to think about re-inventing their professional practice. Obviously this will
include practicing more business behaviors like marketing to a diverse clientele,
being professionally efficient by using the latest technologies, and offering
more competitive fees based on fixed rates rather than hourly rates. Global thinking
implies adapting new behaviors to provide better business solutions and services
to others.
Because we live in a diverse society and world where many different kinds
of values and beliefs are promulgated, people many times end up in a conflict
situation with others and need an objective person to assist them in solving the
conflict. Consequently we see self-created tension that can be mediated by an
understanding and observant lawyer who thinks differently. Diversity can have
its own complex consequences, which requires professional attention.
Using effective communication in times of rapid change can be a lawyer's best
tool. With communication occurring at a very rapid pace through many channels,
it is even more necessary for lawyers to communicate in a timely fashion. Many
people are getting information via television, Web sites, chat rooms, newspapers,
magazines, and even their friends and relatives. Information is in no short supply
and it is almost ubiquitous. Therefore, lawyers are challenged daily, to communicate
information through different channels and to different populations so they can
remain competitive. Both the speed of communication and the accuracy of the information
are critical to clients.
The Lawyer's Milieu
Lawyers live in a fast paced world with many kinds of professional colleagues.
It is not uncommon to find lawyers and their clients using personal computers
and having access to similar information and data. Because of technological advances
business and commerce is changing on a monthly and yearly basis. Also, we are
now being influenced by other countries that have different ideas and approaches
to problems shared by all of us.
Today only a part of a lawyer's education is completed in the university setting.
Most of the other part is learned after graduating from law school and can include
learning business strategies, marketing approaches, using technology effectively,
and learning to service diverse populations. In essence, lawyers must learn to
be life-long learners and change with the times. This includes thinking globally.
The Nine Compelling Reasons to Practice Global Thinking
1. Allows lawyers to re-invent their professional practice to gain solid financial
results.
2. Permits for transition thinking strategies where lawyers can incorporate new
ideas.
3. Provides for different business opportunities not commonly experienced.
4. Incorporates e-business and e-commerce advantages.
5. Forces cultural collaborative exchanges and mixture of mindsets.
6. Invites new professional business values to be practiced with other professionals.
7. Establishes a new set of business behaviors created to encourage cooperative
ventures.
8. Connects lawyers with a new generation of clients, professionals, and businesses.
9. Reinvigorates the human mind to experience new heights of professional collaboration.
Global thinking challenges lawyers and law firms in several different ways.
It becomes critical for them to plan and resolve several issues related directly
to global thinking: 1) how to alter their ethics to fit into global thinking (e.g.
MDPs); 2) how to solve the problem of licensing, not only across state lines,
but between and among countries; and 3) how to incorporate different cultural
values, beliefs, and customs into their practice. The new generation lawyer has
much to consider and much to do when thinking globally.
Overview of E-Business Related to Lawyers
Below is a list of web sites that lawyers may want to acquaint themselves
with. These sites demonstrate how lawyers are beginning to use e-commerce in their
everyday practice.
Some of the major E-business areas are listed below.
- Lawyers.com-where five million individuals and small business owners can
search and find legal information and lawyer background data. The three most popular
areas of practice requested are family law, criminal law and personal injury.
- Tryoutofcourt.com-helps individuals settle disputes out of court with the
use of a neutral mediator who helps them settle within one week at a small cost
of $100. This site also contains informative articles on ways to settle business
disputes with the use of direct negotiation, mediation, arbitration and litigation.
- Elite.com-(advanced e-billing capabilities) allows lawyers to eliminate many
of the expenses associated with billing, allowing for a quicker payment cycle.
Consequently, small businesses can now compete with larger firms with the use
of this cost saving program. This secure web page displays the final invoice and
allows the client to arrange payments electronically via credit card or directly
from their bank account.
- LegalPath.com-is a business-to-business exchange where corporations seek
and retain outside legal counsel. This site allows for a customizable request-for-bid
process. It also provides legal officers a tool to accurately predict expenses.
Law firms who are part of the registry can gain visibility with prospective clients.
- Cybersettle.com-is a site that offers to assist in settling insurance, personal
injury, property damage and other disputes online. They settle claims by matching
offers and demands via a secure web site.
- Law.com-provides news, legal information and e-law services (like results
of key cases, issues, and 50 state sites). They have an online bookstore that
carries legal software. Check out their international resources page.
- E-commercelawsources.com-claims to provide the most complete global resource
and guide to emerging fields of Electronic Commerce law and taxation. They serve
law firms in addition to other professional and business groups. Some law firms
use this site on their own Web site for content and other links.
- Cmck.com-a London based global law firm. This company claims to provide legal
services around the world.
- Wtexec.com-provides lawyers with global e-commerce updates.
Entering the Global Arena Using Effective Business Behaviors
As you enter the global arena you will be advised to practice key global business
behaviors. These behaviors provide direction in developing commitment to global
thinking. Success usually comes when you invest both time and money into this
effort.
There are three basic avenues to global thinking and practice. The first is
that of seeking a more diverse client population than you currently have. Look
toward a mixture of gender, ethnicity, and age. The second consists of going outside
your practice to other sub-cultures within our society. Some examples are Native
Americans, Hispanics, Afro-Americans, Asian Americans, etc. The third is that
of going outside this country to provide your services and do business. This may
be a little more complex since it requires a change of environment as well as
methods of practice.
It is necessary to learn about the cultures and societies you are attempting
to do business with. It is advisable to take the initiative by reading about another's
culture and asking relevant questions about their society. You will have nothing
to offer until they ask you for your services or see a need to purchase them.
Being proactive and timely makes for a good impression. It is also helpful not
to fit the stereotype of a typical lawyer, so that you can put your energy into
developing a good, strong long-term relationship. Accepting total responsibility
and being accountable, without making excuses for yourself or your firm when things
do not work out, can go a long way in developing this relationship.
Global Business Values
Around the world there is common agreement on what are effective business
values. These are universal, because without them, business could not be successful
and would not endure. These values support long-term business relationships. They
help companies prosper. They provide guidelines for human interactions. Simply
put, the values include:
- Demonstrating professional competency in your area of expertise.
- Speaking the truth about yourself, your profession and your firm.
- Having integrity by doing what you say, and saying what you do.
- Supporting the concept of fairness so that all sides are free to express their
thoughts.
- Allowing for freedom of ideas where potential business can develop.
- Being someone who is dependable and reliable so others can trust you.
New Generation Thinking
Like it or not, we must adapt to a new generation of thinkers. This new generation
has as its underlying premise that law practice and law firm practice is a business.
Therefore it must follow business practices and have business values. This also
includes e-business strategies, diverse cultural awareness, the entrepreneurial
spirit, and the re-inventing of professional practice to incorporate all of the
above ideas.
New Generation Skill Development
Below is a list of skills that accompany the thinking mentioned above. These
can lower business costs and increase productivity.
- Business collaboration activities.
- Telecommuting.
- Use of E-mail.
- Use of voice recognition dictation.
- Web development for your professional practice.
- Ability to speak, write and read in several languages.
- Web search abilities to get updated information.
- Use of updated software for billing, accounting, automated client call back,
client response network (where clients can get necessary information from you).
Taking Action
You have several choices. You can ignore the rapid change around you. You
can cope with the world as it changes. Or you can become accountable for your
professional behaviors and begin the transition and growth process in your professional
life. This process for most people takes several years to complete since it is
a mostly self-taught process.
You will need to take action if you choose the latter. It will cost time,
some money and much effort. Below are some suggestions for you to follow if you
decide to take action now.
- Plan to attend a conference outside the United States. Select the country
you would like to travel to and begin to learn about it. Study the culture and
society. Learn where it is similar and different from ours. Begin to identify
where you can offer your services.
- Get on the computer and check out various web sites. Learn to search for different
kinds of information. Begin to feel comfortable in cyber-space.
- Buy voice activation software and begin to use it. See how it can change your
law practice by making it more efficient.
- Buy educational tapes and videos that give you different strategies and ways
to think. Learn new communication approaches. Plan new business strategies with
other professionals, e.g. accountants, engineers, business people.
- Develop a web site for yourself and/or your firm.
- Subscribe to new and different kinds of professional journals and newsletters.
Appreciate different kinds of thinking and other types of styles.
- Encourage and seek out different kinds of clients. Associate with other professionals
who do not think like you.
- Buy billing and accounting software for your practice. Begin to use it to
see how efficient it can be.
- Begin to establish a simpler and more competitive fee structure.
- Attend seminars on re-inventing your law practice to get better ideas about
change in the twenty-first century.
Dr. Thomas J. Venardos is an adjunct management consultant with Olmstead &
Associates, Legal Management Consultants, St. Louis, MO, and President of Venardos
Management Group, Organizational Performance Consultants, located in Albuquerque,
NM. Dr. Venardos may be contacted by e-mail at tvenardos@olmsteadassoc.com.