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Over the past year, market dynamics have aligned, creating an opportunity to transform services provided by law firms in order to better meet or exceed client demands.
Opportunities exist in the back office for law firms to reduce administrative expenses, improve cash management, and increase staff performance to optimize and deliver exceptional customer service. Trends suggest that by focusing on the billing and collections function, a firm may find success in achieving these objectives.
Law firms, because of caseload analysis and the project-oriented nature of their work, are notoriously hard to value, even more so than accounting firms and other professional service industries where there is an established schedule of work for at least a 12-month period.
Features
If you have been thinking about entering the China market to diversify your revenue stream, here are some legal issues to consider.
Features
Many auto dealer contracts prohibit "dualing," that is, operating competing linemakes out of the same facility. Under new legislation passed in some states, automobile manufacturers could be forced to allow dualing, notwithstanding any terms to the contrary in written agreements and trademark laws.
Features
Highlights of the latest franchising news from around the country.
Highlights of the latest franchising cases from around the country.
Although passage of the federal Employee Free Choice Act ("EFCA") has taken a distant back seat to health care reform, the proposed changes to workplace unionization and collective bargaining rules have significant potential impacts for business owners.
In the filing of a patent application, the patent agent or attorney is like the commanding officer conducting the battle. This "General" has specialized techniques for drafting and prosecuting patent applications and attempts to get the best patents issued for the client.