Project management has taken over as the latest buzzword for how to succeed in the law business. Prof. William Henderson at Indiana University's Maurer School of Law has a thoughtful explanation of what it means and the prospects for adoption:
[L]ook for project management to take hold in in-house legal departments where the incentive structures and time horizons favor aggressive adoption. In addition, project management and process improvement is already the organizational religion of legal process outsourcers, both domestically and abroad. They make money from so-called commodity legal work. In law firms, however, adoption is going to depend upon world class leadership and change management worthy of several business school case studies.