Features
Non-Equity Partnerships Are on the Rise Again
Many changes continue to occur in the traditional partner/associate structure in law firms. Permanent associates, staff or contract attorneys, temporary attorneys, of counsel (in one form or another) and non-equity partners have been added to the mix.
Features
Best Practices (And Even Better Questions) to Apply to Your Back-Office Operations
While the economy continues to limp along and the experts continue to predict a flat legal market, it is more important than ever to ensure your back-office operations are functioning in the most cost-effective, efficient way possible.
Features
Focused on More Productivity and Higher Profits?
Turning time into money begins with the metrics a firm has in place, whether the key performance indicators are being measured and tracked, and how technology is being leveraged to streamline the entire process. technology plays a vital role in not only monitoring and 'policing' these metrics, but financial management and billing technology in particular, can always be tweaked and customized to better firm metrics ' especially as they relate to firm utilization, realization, and A/R aging.
Features
Successful Data Migration
When corporate legal and IT departments deploy new enterprise software, migrating legacy data into the new system is usually one of the larger challenges faced. When it comes to e-discovery software, this challenge is exasperated as matter information may be contained in legacy systems or in a collection of spreadsheets or other ad hoc tools.
Columns & Departments
Movers & Shakers
Who's doing what; who's going where.
Columns & Departments
Movers & Shakers
Who's doing what; who's going where.
Features
How to Write in the 'e-Age'
Writing in many parts of the legal and business worlds has probably changed more in the last decade than in any comparable period over the last five centuries. Those who fail to adapt will pay the consequences.
Columns & Departments
Sales Speak: How to Close New Business
Attorneys are typically very good at describing their skills and recounting problems they have solved for other clients, but they struggle with asking for the business.
Features
Asking the Right Questions
Successful business generators tend to ask questions in particular sequence. This sounds fairly simple, but it takes consistent work and strong skills to become effective at using this approach.
Features
The Fallacy of Merger Math
If we were to analyze law firm mergers by plotting client satisfaction on one axis and partner satisfaction on the other, the resulting scatter diagram would reflect a surprising few combinations that were deemed satisfactory after the fact to all parties.
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