The Rainmaking Podcast

TRP 93: Trouble Ahead for Big Law with Laura Leopard


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This show is sponsored by Leopard Solutions Legal Intelligence Suite of products, Firmscape, and Leopard BI. Push ahead of the pack with the power of Leopard. For a free demo, visit this link:

https://www.leopardsolutions.com/index.php/request-a-demo/

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In this episode of The Rainmaking Podcast, host Scott Love speaks with Laura Leppard, founder and CEO of Leppard Solutions, about trends and challenges facing Big Law firms, with a focus on diversity, inclusion, and retention. Laura shares insights from her firm’s extensive legal data collection and predictive analytics, highlighting issues that could spell trouble for traditional law firm models if changes are not made.


Key topics include the disproportionate attrition rates of women and ethnically diverse attorneys in Big Law, barriers to advancement such as lack of mentorship and inclusion, and the rising concerns about work-life balance, particularly among millennials. Laura discusses the role of billable hours and long partnership tracks in driving dissatisfaction and outlines strategies firms can adopt to retain top talent, including flexible career paths and better promotion practices.


The episode also features insights into Leppard Solutions' use of AI and data to provide actionable business intelligence for law firms, from predicting the success of mergers to financial benchmarking for firms outside the top 200. Laura emphasizes the importance of proactive changes to avoid long-term disruption in an evolving legal landscape.

Visit: https://therainmakingpodcast.com/

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Laura Leopard is the founder and CEO of Leopard Solutions, the largest law firm data platform serving the legal industry with actionable intelligence and insights on more than 4,200 law firms worldwide and 7,000 U.S. corporate legal departments.

Laura has spearheaded Leopard Solutions’ growth and development over the company’s 18-year history and she continues to push the envelope designing new systems, business intelligence programs, and data points for its expanding client base.

Laura is frequently quoted in the media and her commentary has appeared in Law360, the Wall Street Journal, Reuters, Bloomberg Law, and Above the Law, to name a few.

 

Links:

Link to survey: https://www.surveymonkey.com/r/2022-women-leaving-law

https://www.linkedin.com/in/lauraleopard/

https://www.linkedin.com/company/leopard-solutions/

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The Rainmaking PodcastBy Scott Love

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