Prepare for Change
Change is in the air. While millions of Americans are looking with hope to the new President, Obama’s inauguration tomorrow is a great reminder that being able to adapt to change is a critical component of career success.
In the practice of law, this is particularly important because as a group, lawyers are not alway good at accepting change. This may come in part from the fact that lawyers spend their days helping their clients to avoid risk.
But like it or not, change is coming to the legal profession and what was yesterday’s hot practice area can easily become today’s moribund practice group (think collateralized debt obligations). What was once a highly profitable way to staff a case (e.g. placing a team of high priced associates on a large document review project) may no longer be viable in a world economy.
Adapting to change is easier said than done. Humans are not well wired for change and as a group, lawyers are particularly bad at accepting new ways of doing things (though there are of course some exceptions).
On the other hand, if your practice group is particularly slow, it is certainly possible to change practice areas, particularly if you are looking to leave a slow practice group to join a busy practice group. Just read the last post on this blog for more info on that subject.
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David on March 19th, 2009
Great website
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