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A&O’s New Contract Lawyer Business to Give Freedom to High-End Lawyers
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Allen & Overy are trying something new. To answer the unique pressures of today’s unbearable legal market, they are attempting a trial of a new legal professional model that has been tried only a few times before, but never with such high-end staff: they are launching a contract lawyer business.

The service will be called “Peerpoint,” and initially will contract A&O alumni in the London area, though it plans on working with a wider range of lawyers, and expanding its scope internationally.

  
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Wim Dejonghe, managing partner of the business, told Legal Week that “the traditional law firm model is under pressure and lacks flexibility. In a low growth environment, peaks in client demand are far more variable, so we need greater flexibility in our model.” A highly be-jargoned bit of phraseology, this, by which he means “we’re making no money, we’re trying something new.”

“We also want to provide an option for those high-caliber lawyers who enjoy the challenge of working with top tier clients without the added demands of working in a large law firm. Peerpoint enables us to do both.”

Well good! Let them succeed. Any Darwinist will tell you when times get tough, the tough evolve.

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“I think we really focus on the top end of the market with this; we are looking at the same kind of work we do in London. It bodes well for the legal industry as a whole if we get these things right.”

The trial, if it is successful, will free up highly qualified lawyers to have what all people with power want: freedom to use it.





 

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