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Embedded Finance Is Changing the Business of Law Image

Embedded Finance Is Changing the Business of Law

Kevin Gallagher

A revolution is underway in small and medium-sized businesses (SMB) banking and payments and will impact the way legal, accounting and other professional services firms manage their finances.

Features

What Hybrid Work Plans Are Working? Image

What Hybrid Work Plans Are Working?

Anthony Davies

Starting in late 2021, the drumbeat of "return-to-the-office" began and now — somewhere in the neighborhood of two years later of that — it begs the question: how are firms doing with their return-to-office? What programs — if any — have been successful?

Features

Strategies for Reining In Expenses During Down Market Image

Strategies for Reining In Expenses During Down Market

Rob Mattern

What strategies can firms take to rein in expenses during a challenging, down market to avoid further layoffs? Look no further than the firm's back-office operations. This article provides a brief overview of five areas where your firm can not just "cut costs" but actually improve operations while doing so.

Features

What's Behind the Surge In Law Firms Launching Crisis Management Practices? Image

What's Behind the Surge In Law Firms Launching Crisis Management Practices?

Dave Poston

Over the last year or so, there has been a surge in law firms launching "crisis management" practice groups. Does this move reflect expanding relationships beyond one-off litigation matters? Is this just a collaboration and renaming or repackaging of existing attorney expertise and practices? Or is there something deeper going on?

Features

Expense Right-Sizing In a Challenging Economy Image

Expense Right-Sizing In a Challenging Economy

Rob Mattern

What strategies can law firms take to rein in expenses during a challenging, down market to avoid further layoffs? Look no further than the firm's back-office operations. This article presents a brief overview of five areas where your firm can not just "cut costs" but actually improve operations while doing so — this is expense "right-sizing."

Features

What Successful Hybrid Firms Are Doing Image

What Successful Hybrid Firms Are Doing

Anthony Davies

We are seeing is a variety of successful measures that are designed to help attorneys get what they want: a best-of-both worlds scenario where they keep some work-from-home and fold-in an opportunity to intentionally connect and collaborate with colleagues in the office.

Features

Improving Firm Profitability Through Contracts Image

Improving Firm Profitability Through Contracts

J. Mark Santiago

The best and most effective way to drive firm profitability is through influencing partner behavior. The best way to incent the partners is by linking their compensation clearly and directly to the achievement of the firm's business strategy.

Features

Techniques That Up Your Team Management Skills In 2023 Image

Techniques That Up Your Team Management Skills In 2023

Sharon Meit Abrahams

Being a good team leader is not easy. It is your responsibility to manage everything about the people and the positions you oversee. Good team leaders create an environment in which attorneys and staff work hard, are loyal, and add to profitability. Setting expectations and goals is an essential step in becoming an effective team leader.

Features

Layoffs, Expenses and Return-to-Office Policies Top Worries of Law Firm Leaders In 2023 Image

Layoffs, Expenses and Return-to-Office Policies Top Worries of Law Firm Leaders In 2023

Andrew Maloney & Patrick Smith

While economic troubles and fears of a recession are top concerns for law firm leaders now, some shifts within the legal industry are also triggering alarm bells. Interviews with more than a dozen law firm leaders identified a growing list of challenges that law firm leaders are grappling with now,

Features

A Legal CIO's Guide to Technology Procurement In 2023 Image

A Legal CIO's Guide to Technology Procurement In 2023

Ted Theodoropoulos

For a legal CIO, one of the key responsibilities is to establish that the organization has the right technology in place to support its operations and achieve its business goals. This can be challenging, as there are many factors to consider when choosing new technology for your organization. One bad decision can have a material impact on not only the bottom line, but on the ability of your firm to compete in an ever-changing legal market.

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