MIcrosoft Legal Business Design Challenge
Program and related materials below
Explainer for Microsoft’s Trusted Advisor Forum on Innovation Volume II – The Remix (2020 edition)
Outlines the Legal Business Design Challenge along with guidance and context for the Trusted Advisor Forum in general. This document was provided to all invitees.
Business Design Primer
Explains what is a business design challenge, why we are using business design, design criteria for this program and some other guidance and tips. This document was provided to any team that expressed interest in participating.
ARTICLE: Practice Venturing
Consider the Law Firm as a platform, with partners as their customers who are building captive alternative models to differentiate and grow. This is the Law Firm business model is in 2020, and it has led to the growing trend of partners experimenting to discover new types of service and business models. This trend is Practice Venturing - designing a new business model through the process of discovering, testing, validating and launching a new strategy and value proposition, a new market or customer segment, and a new business model. Simply stated, it is the best way to future-proof your practice in the emerging competitive frontier.
Execute Better with Legal Business Design
Legal Business Design is about making legal services easier to use and deliver while creating financial benefits to the client and provider. It is about executing in the most effective and efficient manner, applying design methods with business rigor to produce material and meaningful impact.
Bold Duck is pleased to offer a one-day interactive Legal Business Design experience that introduces business design and how it is being successfully applied within the legal domain – both in law firms and in-house teams.