Features
Law Firms Reviewing Contracts to Battle Inflation
As inflation worsens, legal chiefs and their in-house teams are stepping up and finding ways to help their companies tamp down a vast array of price hike fires. And a significant part of that work is reviewing contracts with service providers, clients and other business partners.
Features
Ensure Financial Health Ahead of an Economic Downturn
Proper planning is key to ensuring a company's financial health when facing an economic downturn. Although companies will come into such planning with different levels of financial health, the same considerations can be helpful in determining the best path forward.
Features
Law Firm Profits Soared In 2021, Despite Increased Expenses
Strong demand growth led to a war for talent, but it was also a major driver of the industry average double-digit revenue growth seen in 2021.
Features
Corporate Resiliency Revisited: Ensure Financial Health Ahead of an Economic Downturn
now is a critical time for companies to reassess their business and finances if they have not already, so that they can be prepared for the future. Proper planning is key to ensuring a company's financial health when facing an economic downturn.
Features
Are Lawyers Packing More Billables Into Less Time?
Are lawyers working harder than ever? Recent figures in the legal industry show only a slight increase last year in the number of average hours billed per lawyer. Yet analysts and firm leaders say the total amount of hours worked — not just billed — is likely higher,
Features
Tax Implications of Budget Reconciliation Bill
Part Two of a Two-Part Article This installment discusses how to use benefit laws that have been on the books for over 30 years to fund not only death benefits but also alternatives to deferred compensation for business and estate planning purposes for pass-through entities.
Features
Sales Enablement: The Next Big Thing In Legal Services?
Sales enablement is how law firms can take control of their business development and marketing processes and improve the effectiveness of their revenue growth initiatives.
Features
Data Analysis Is Cementing Important Role In Law Firms Talent Evaluation
As more law firms embrace the power of mining data to inform talent-related decisions, some have predicted that Big Law hiring could become like modern Major League Baseball: A data-centric endeavor that trusts the numbers, and those who know how to interpret them, over all else.
Features
Remote Work Yields Savings, But Watch for Tax and Jurisdiction Issues
While the rapid ascent of home offices may have initially come as a shock to more than a few corporate cultures, the truth is that business leaders who embrace long-term remote working can yield significant cost savings and boost employee morale.
Features
Tax Implications of Budget Reconciliation Bill
In this two-part article, we look at the proposed tax law changes in the budget reconciliation bill — the major legislation in 2021.
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