Hogan Lovells, Baker McKenzie Elevate Legal Ops Professionals
The promotions are the latest sign that clients are ever savvier about legal operations and law firm pricing—and the firms don't want to fall behind.
July 16, 2019 at 05:43 PM
4 minute read
A pair of global law firms are signaling their commitment to bolstering their pricing and business operations by elevating two professionals brought on board from the client side in the last few years.
On Tuesday, Baker McKenzie announced that it had appointed David Cambria its new chief services officer, a year after bringing on the former Archer Daniels Midland Co. executive to serve as the firm's director of legal operations.
And in late June, Hogan Lovells named global director of strategic pricing Terry Williams its first head of client finance operations.
Williams joined the firm in New York in December 2015 after almost 12 years on the client side at American International Group Inc., and he was initially tasked with establishing a strategic pricing group for the U.S. and Latin America.
“Clients have been getting more and more sophisticated since 2008 about how they manage and consume law firm services. But law firms and clients started serving different dialogues,” Williams said Tuesday. “My experience on the client side fed well into that, because I understood the client.”
A year later, the firm asked him to take on the same role on a global scale, folding on its operations in Europe, the Middle East and Africa, and the Asia Pacific regions.
Williams' newest role is built on the recognition that the firm and its clients interact on finances in more areas than just pricing. And it's necessarily focused on the firm's largest clients, although relationships with smaller clients will benefit too.
“There are so many other touch points in and around our client relationships,” he said. “The bigger the client, the bigger the relationship, the bigger the complexity.”
These measures including making sure the firm is aligned with clients' outside counsel guidelines and fleshing out full client profiles that encompass financial data, rates and how matters are set up.
Williams noted that he was lucky to arrive at a firm that was receptive to his insights, both at the senior management level down into the partnership.
“They recognized the need for the pricing function,” he said.
Baker McKenzie also looked to the client side when it first brought Chicago-based Cambria aboard in June 2017. Before he first found work in a law firm, 23 years after graduating law school, Cambria pioneered ”legal operations” roles at two different career stops—first in the law department at professional services firm Aon Corp. and most recently at food production and agriculture giant ADM.
The firm said Tuesday that under Cambria's leadership, its services team had grown significantly, with a focus on optimizing client value and enhancing the client experience.
“We recognize that our clients are looking for more than legal advice. They are looking for creative, business-minded, cost-efficient solutions that meet their business needs,” Ben Allgrove, chair of the firm's global IP and technology practices and its global R&D lead, said in a statement. “David's growing team is enabling us to translate our innovation efforts into tangible improvements in how we deliver our work to clients.”
In his new role, he'll oversee five connected areas: business management, pricing strategy, legal project management, alternative legal services and service design.
Williams predicted that more large firms will make similar moves in the future.
“In terms of overall firm revenue, we crested the $2 billion mark last year,” he said. “You take any organization that has that level of revenues, and you need the commensurate supporting network around that.”
While the exact positions may vary, firms will need to think “more holistically about how they interact with clients in and around the practice of law,” he observed.
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