What Can SMEs Learn from Big Law?
Today’s Lesson: Treat Legal as Strategy, Not Admin One of the biggest mindset differences I see between large law firms and small or medium-sized enterprises (SMEs) is this: Big Law treats legal as a strategic asset. Most SMEs treat legal as an admin headache. And honestly? That difference can cost a business more than just fees. It can cost you control, resilience, and sometimes the business itself. So, today’s quick takeaway: if you want to learn from Big Law, start thinking of your legal processes the way they think about theirs - as infrastructure. Legal Isn’t Just for When Things Go Wrong In SMEs, it’s all too common to hear: “We’ll call a lawyer if we get sued.” “We don’t need contracts; we know them.” “It’s just a small deal — handshake is fine.” In Big Law-advised businesses? Legal is in the room before the pitch deck is final. Before the supplier signs anything. Before recruitment policies are written. They use legal as a risk lens, a compliance shield, and a growth enabler -