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Accounting and Financial Planning for Law Firms

Features

Create An Operations Blueprint for Efficiency and Profitability In 2025 Image

Create An Operations Blueprint for Efficiency and Profitability In 2025

Michele Blay & Carlyse Evans & Dan Safran

Simply put, the old levers of profitability — billable hours and rate increases — are no longer sufficient. Firms that fail to proactively address inefficiencies risk losing market share to more agile competitors. To remain competitive, law firms must rethink traditional business models and optimize operations at every level.

Features

The Rise and Rise of Hospitality In Law Firms Image

The Rise and Rise of Hospitality In Law Firms

Anthony Davies

The demand for client-facing hospitality experiences has intensified. Law firms are incorporating more client-centric services, such as personalized spaces for client meetings, high-end catering, and concierge-style offerings during in-person visits.

Features

Soft Touch Prospecting Strategies for Lawyers Image

Soft Touch Prospecting Strategies for Lawyers

Bryce Sanders

The law is a complex field. Everyone does not do the same thing. You still need to bring in new clients. What are some “soft touch” strategies that might be more comfortable?

Features

Incoming Law Firm Leaders Are Not Prepared for Industry’s Transformative Period Image

Incoming Law Firm Leaders Are Not Prepared for Industry’s Transformative Period

Marcie Borgal Shunk

Incoming law firm leaders are not prepared — and the stakes have never been higher. As we enter one of the most transformative periods in the legal industry, marked by an uptick in the influence and power of talent, expanding adoption of AI, major political upheaval and the much-anticipated official entrance of a Big 4 accounting firm into the legal space, the importance and impact of strategic decision-making in the upper echelon of firms has never been greater.

Features

Strategies for Promoting Lateral Hires Image

Strategies for Promoting Lateral Hires

Beth Huffman

Firms believe they only get one chance to call attention to lateral partner hires. How the initial splash is handled with clients, as well as internal and external communications, is certainly extremely important. However, maximizing lateral hire announcements should really be viewed as a critical kick-off to the overall timeline and success of lateral integration over the first year and beyond.

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