Lewis Brisbois Undergoes Leadership Changes Amid Operational Overhaul

What's Happening?

Lewis Brisbois Bisgaard & Smith is experiencing significant changes in its executive leadership as part of a broader effort to revamp its business operations. Chief Financial Officer Tim Armstrong and Chief Administrative Officer Luann Perez are set to depart the firm in the coming months. Armstrong, who joined the firm in 2024, will retire next year after helping to integrate the firm's billing software with other functions. Perez, a 26-year veteran of the firm, will leave in January. These changes are part of Managing Partner Greg Katz's strategy to address billing and technology issues that have plagued the firm, which saw over 100 lawyers leave during a tumultuous period. Katz has been focused on modernizing the firm's operations and infrastructure to support its growth, which has been driven by client demand.

Why It's Important?

The leadership changes at Lewis Brisbois highlight the challenges law firms face in managing rapid growth and operational inefficiencies. The firm's efforts to modernize its billing and financial systems are crucial for maintaining competitiveness and client satisfaction. The departure of key executives from the Bob Lewis era marks a significant shift in the firm's direction, as it seeks leaders who can innovate and build new infrastructure. This transition could impact the firm's ability to attract and retain talent, as well as its financial performance. The firm's focus on upgrading its systems and processes is essential for sustaining its revenue growth, which reached $759 million last year.

What's Next?

As Lewis Brisbois continues its operational overhaul, the firm will likely focus on further integrating its billing software and improving its financial forecasting capabilities. The appointment of new C-suite executives will be critical in driving these changes and ensuring the firm's long-term success. The firm may also explore new business lines of credit to support its financial stability. Stakeholders, including clients and employees, will be closely watching how these changes affect the firm's service delivery and workplace environment.

Beyond the Headlines

The departure of long-standing executives and the shift in leadership strategy at Lewis Brisbois may have broader implications for the legal industry. It underscores the importance of adaptability and innovation in a competitive market. The firm's experience may serve as a case study for other law firms facing similar challenges in managing growth and modernizing operations. Additionally, the focus on infrastructure and technology highlights the growing role of digital transformation in the legal sector.