WELCOME TO ACRITAS QUARTERLY: JUNE 2019

June 2019:

 Stellar Performance: A survey of stand-out talent report

► Building an effective sector strategy

 Us Too: Bullying and sexual harassment in the legal profession

► Thought Leadership Tensions Part 1: Is Vanilla the only flavour?

► As Brexit looms, geographic reach becomes even more important

► 2019 State of the Chinese legal market report 


STELLAR PERFORMANCE: A SURVEY OF STAND-OUT TALENT REPORT

In February 2019 we conducted our third annual global study sending out invites to over 10,000 client nominated stand out lawyers in our Acritas Stars database. The aim was to refresh and deepen our understanding of what makes them stand out and how their law firms encourage or hinder their performance.

From analyzing their responses, we now have an amazingly rich set of data which we are using to help our law firm clients to enhance leadership and management and, in particular, to attract, retain and develop outstanding talent. This program is named “Stellar Performance”.

The summary of our latest report is available to download now. For firms interested in accessing more of this data, the full data set is available or can be accessed in modules delivered as a slide deck or workshop environment.


BUILDING AN EFFECTIVE SECTOR STRATEGY

An effective sector strategy creates distinction for your brand, enhances specialization and is a very client-centric proposition. Sector groups are an effective platform for collaborating across practices.

It is also an effective way to attract and build relationships with referrer firms as a channel to winning international clients. However, our research suggests that marketing alone will not deliver what it takes to be perceived as a genuine sector specialist.

Discover the 10 steps to building an effective sector strategy.


US TOO? BULLYING AND SEXUAL HARASSMENT IN THE LEGAL PROFESSION

In 2018, the International Bar Association (IBA) and Acritas conducted the largest-ever global survey on bullying and sexual harassment in the legal profession.

On behalf of the IBA we are delighted to announce the results of this survey have now been released.

This report provides a succinct analysis of that data, to raise awareness about the nature, extent and impact of the problem and inform the development of solutions.


THOUGHT LEADERSHIP TENSIONS: IS VANILLA THE ONLY FLAVOUR

Getting a thought leadership project off the ground in a law firm is a challenge.  Making sure it’s one that will produce a return on the investment is a bigger challenge still.

In this blog Steve Blundell, Head of Acritas Advisors, looks at the first of six tensions that need to be resolved by the creators of any thought leadership project.


AS BREXIT LOOMS, GEOGRAPHIC REACH BECOMES EVEN MORE IMPORTANT

Brexit is changing the focus of legal buying patterns in the UK. For law firms, having a strong international network covering key European and US jurisdictions, is bearing fruit as clients make changes in their own areas of focus and turn to firms they know and trust to provide legal support.

Discover what else is having an impact on the UK legal market and where some of the top firms have ranked in this years Acritas’ UK Law Firm Brand Index.


2019 STATE OF THE CHINESE LEGAL MARKET REPORT

The report, published jointly by Thomson Reuters Legal Executive Institute and Acritas, shows that the Chinese market is changing much more rapidly than Western markets.

Amid growing tensions over trade between the US and China, it’s too often assumed — erroneously — that the Chinese business model for success is dependent on copying innovations and methods from Western countries.

This newly released report demonstrates that this perception is not only incorrect, but actually is ignoring innovative methods and practices that law firms based in the West might learn from the Chinese legal market.


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