Features
Information Management: Formalizing the Fire Drill
Today's information-rich organizations must be prepared to quickly find and produce ESI that may be relevant to a given litigation matter or request for information. The trouble is, many organizations do not have a well-thought out response plan in place, which makes the timely production of relevant information difficult, time-consuming and potentially very costly.
CONSULTANTS MUST DELIVER GREATER BOTTOM LINE RESULTS
The survey results strongly suggest that, to prove their value, business development consultants must now play a more instrumental role in generating significant new revenue. Among the key findings, 36% of respondents say that the work of business development consultants they've retained has real bottom line impact, while 57% say the work has been helpful but not decisive - or that it was initially helpful but less so as the engagement continued. The message is clear…
Managing a Smart Employee: Who's Boss Around Here, Anyway?
Among the many categories of management styles, there are two that are rarely seen without a measure of astigmatism. Both are extensions of the personality of the manager.
Features
Cash Management: Know What You Need, Get It, and Put It to Work
The cash-flow statement is the single most important tool for the success of any business. Most lawyers, and even many large law firms, begin to realize that they are in trouble only after the money ceases to come in the door. However, cash flow cessation is usually the last symptom of a downward spiral that started long before.
Features
Virgin Advantage from a New, Near-Shore Corporate Frontier
With bona fides now suitably established, is it possible to actively leverage the USVI's fiber and bandwidth assets to deliver greater competitive and stakeholder advantage to the enterprise? Yes it is; an economic development program chartered in law by the USVI government, sanctioned under U.S. Treasury regulations and managed by the University of the Virgin Islands Research and Technology Park ("RTPark"), may be of particular interest to e-commerce and other knowledge-based businesses.
Features
Best Practices in Client Relationship Skills
There are key activities that lawyers can engage in to promote the health of existing client interactions. All of these activities can be categorized into one of three stages: 1) establishing the relationship; 2) building the relationship; and 3) proliferating the relationship.
Features
Client Speak: Is the Burden of AFA Here to Stay?
The recent dramatic downturn has created something relatively unknown to law firms: the "insistent buyers' market" (or "ibm"), wherein all the pent-up frustrations of the past have suddenly found a voice and now have to be confronted and no longer ignored.
Features
Media & Communications Corner: Don't Send That Release (over the Wire)
Law firms and other businesses devote a huge amount time, effort and money to creating and promoting "news" via press releases. But are they worth the time and money?
Features
For Women in Law, 'Business Development Is Key'
A recent survey of women in law firms found that ' unsurprisingly ' women are concentrated at the lower levels of law firms. That wasn't news to Elizabeth Anne "Betiayn" Tursi, who three years ago helped to found the Women In Law Empowerment Forum (WILEF), a lecture series that focuses on helping women become firm leaders.
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