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Features
Today's law firms face unprecedented challenges in a highly competitive and rapidly evolving marketplace. Corporate clients, under intense pressure to cut costs and increase efficiency within their own organizations, are no longer willing to simply pay an hourly rate for services rendered in good faith. They are unapologetic in demanding increased accountability and demonstrable value from the legal teams who represent them.
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As we all know, setting and achieving goals in a professional services environment can be challenging due to the differences in marketing certain practice groups and in how one practice group may perceive success compared with another. Here's how to make it work.
Features
The essence of this coaching approach, and why it works in a law firm setting, is that the coaches are partners who are also the teachers within the firm. They are in a position to role model the very culture that a firm wishes to build.
Features
In this roundtable conversation, Marcus Hartmann , General Counsel, RB (formerly known as Reckitt Benckiser) and Jason Parkman, CEO, Mitratech, discuss trends in enterprise legal management, the tools it provides users, and the increased controls brought to legal departments using this technology.
Features
For more than a decade we tracked our lawyers' time and generated bills using various iterations of Sage Timeslips, which ran on a backend server tucked away in our office. But over the last several years, we noticed Timeslips began to slow down. It reached the point that time tracking and billing, an unpleasant and time-consuming distraction at the best of times, became far more painful than it needed to be.
Columns & Departments
Analysis of a case involving the SEC.
Features
Many firms are stepping up their business development game, often pressing greater numbers of lawyers to be actively engaged in, and accountable for, developing business.
Features
On Dec. 19, 2014, the President signed into law the long-awaited year-end tax package, the Tax Increase Prevention Act of 2014 (TIPA). This law extended to the end of 2014 many but not all of the individual, business, and energy provisions that expired at the end of 2013. .
Features
When it comes to competitive pricing, both clients and law firms are more and more focused on quality. That sounds good, but how can quality best be represented in actual metrics?
Features
Technology has become a disruptive force in the legal industry and in the way legal services are delivered. Perhaps no technology has had a larger impact in the way law firms communicate with their clients and prospects than social media.