Kate Fritz, managing partner of Fenwick & West, was quoted by California Lawyer on the changes occurring—and changes needed—at law firms as they face a shifting business environment.
“Lawyers individually need to become more receptive to innovative ideas and more willing to take risks and experiment, because that's what companies do. They try things. And when those things don't work, they stop and try something else,” noted Fritz, as quoted in the magazine’s Managing Partners Report.
Fritz also told California Lawyer that business considerations are increasingly connected with the need for greater diversity at law firms.
“If law firms don't evolve, they're not going to be institutions that the next generation of lawyers wants to go to and build,” Fritz said. “We need to be comfortable with doing things differently. It's really all of a piece.”