The ultimate objective of law firm management is to create profit for owners. It is the role of a managing partner, management committee, and CFO to understand the elements that impact profitability, identify and improve weaknesses that soften profitability, and capitalize on opportunities to enhance profitability.
News reports about the overall U.S. economy may still be trending negative, but there is good news in the results of Corporate Counsel's 2011 Law Department Compensation Benchmarking Survey.
Attorneys must remember that while the technology has changed, the ethics rules have not ' the same rules apply in the Cloud as on the Earth, and the benefits of technology do not come without potential ethical pitfalls.
Effective project management is one of the most cost-effective and powerful tools in your tool belt. Here's why.
One glance at the MLF 50 will prove that social media, along with other techology, is no longer a "maybe" for today's law firm, but a necessity. And yet many attorneys are still hesitant to take the plunge. It's up to us, as law firm marketers, to lead the way. This timely article explains why.
This year, for the first time, we decided to give smaller firms a chance to be noticed. And here is what we learned: With the advancement of website sophistication, social media tools, and other creative techniques, smaller firms are also effectively reaching their targets and delivering sophisticated messages and innovative marketing solutions. Our search yielded an astonishing number of top-notch firms in this brand-new category. We are thrilled to highlight the top five firms below.
Despite dreary economic conditions, 2011 proved to be a highly energized year for law firm marketing departments. Responding well to the "doing more with less" mantra from management committees, talented legal marketing professionals moved their firms to gain substantial market share and expansion at home and abroad. It is with great excitement that we introduce you to the 2011 MLF 50.
Switching to a responsibly run alternative fee agreement will not only reduce the risk to the real client, but will motivate lawyers to be more responsible and much more efficient. Both the clients and the lawyers serving them can win.
Key rulings from around the states.
