In this week’s Legal Speak episode, McDermott Will & Emery Chair Ira Coleman explains “Big Law Better,” his idea on where the legal sector is moving and what elements of previous iterations the industry should be looking to maintain and which it should perhaps relegate to times gone by.
Ira Coleman, the chair of McDermott Will & Emery, has led that firm to the top of the industry in growth in the last five years. While there are a variety of reasons for that success, one of them is the fact that Coleman is always looking forward with an eye to how cultural and social elements play into the financial success of a law firm. Back in 2021, Coleman joined Legal Speak to talk of “Law 2.0” which meant adjusting the standard law firm business model to incorporate personal and professional fulfillment, not just raw productivity. And it seems to have worked well, given the firm’s recent ascent up the Am Law rankings.
