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Accounting and Financial Planning for Law Firms

Features

How Lawyers Can Deliver More Value and Reduce Risk In Transactional Work Image

How Lawyers Can Deliver More Value and Reduce Risk In Transactional Work

Kathryn Lye

Firms that enable lawyers to practice at the top of their license by embracing smarter workflows and AI-driven systems that enhance human judgment aren’t just more efficient; they’re setting a new standard for excellence, reducing risk for clients, and elevating the role of the lawyer.

Features

5 Ways Law Firms Are Optimizing Their Back Office Image

5 Ways Law Firms Are Optimizing Their Back Office

Tim Haught

Forward-thinking firms are reimagining the back office. By centralizing support functions, adopting technology, and making data-driven decisions, they are creating scalable, flexible, and resilient operations. The result? Higher productivity, improved client service, and stronger career pathways for staff. Here are 5 of the top strategies firms are implementing to optimize their back office.

Features

Transparency Is a Leadership Imperative In Today’s Environment Image

Transparency Is a Leadership Imperative In Today’s Environment

Jennifer Simpson Carr & Brenda Plowman

In an environment where silence often breeds suspicion, and ambiguity opens the door to distraction and misinformation, law firm leaders cannot afford to treat transparency as optional. Transparency is often seen as a communication tactic or a box to check; however, in today’s environment, it’s a leadership imperative.

Features

Performance, Not Size, Leads to Growth In Today’s Market Image

Performance, Not Size, Leads to Growth In Today’s Market

Eric Thurston

In today’s market, growth is no longer a function of how big you are, but how well you perform — how quickly you can make informed decisions, respond to shifting client needs, and align the entire firm around a shared vision of success. The firms that pull ahead over the next five years won’t be the ones with the most lawyers or the flashiest marketing budgets. They’ll be the ones that master the art and science of firm performance.

Features

An Innovation Mindset Improves Client Satisfaction and Retention, But What About Profits? Image

An Innovation Mindset Improves Client Satisfaction and Retention, But What About Profits?

Jon Campisi

As law firms explore technological advancements ranging from generative AI to improved billing software, experts caution against having unrealistic expectations of immediately increased profitability, but they emphasize that an innovation mindset will improve client satisfaction and retention.

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