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We found 2,039 results for "Accounting and Financial Planning for Law Firms"...

District Court Overturns Bankruptcy Court, Rejects Exclusive Rights Offering in Favor of ‘Market Test’ and ‘Equal Treatment’
October 31, 2025
So-called “creditor on creditor violence” resulting from liability management exercises (LME) can take different forms. In some aggressive cases, certain lenders are given the opportunity to finance the borrower and gain extra value or better their positions in a restructuring, while other similar lenders are left out.
Using Analytics and Predictive Modeling In Legal
October 31, 2025
For decades, in-house practitioners have chosen outside litigation counsel through instinct, personal networks and anecdotal experience, often defaulting to a familiar name, a trusted former colleague, or a firm remembered for a handful of “big wins.” More recently, some have attempted to bring data into the process, which while useful, rarely correlate with future performance in the unique circumstances of a new matter. Today, forward-looking general counsel are beginning to adopt the same kind of predictive analytics that have already reshaped other high-stakes industries.
Tensions Building Over AI Billing
October 31, 2025
AI may be accelerating legal work, but it’s also escalating tensions over how that work gets billed — and who benefits from the time saved.
Firms Getting More Nimble and Efficient In Lateral Hiring to Stay Competitive
October 31, 2025
Even as they become more probing, law firms are also moving faster to make significant lateral hires, according to industry recruiters and consultants.
An Innovation Mindset Improves Client Satisfaction and Retention, But What About Profits?
September 30, 2025
As law firms explore technological advancements ranging from generative AI to improved billing software, experts caution against having unrealistic expectations of immediately increased profitability, but they emphasize that an innovation mindset will improve client satisfaction and retention.
Performance, Not Size, Leads to Growth In Today’s Market
September 30, 2025
In today’s market, growth is no longer a function of how big you are, but how well you perform — how quickly you can make informed decisions, respond to shifting client needs, and align the entire firm around a shared vision of success. The firms that pull ahead over the next five years won’t be the ones with the most lawyers or the flashiest marketing budgets. They’ll be the ones that master the art and science of firm performance.
Transparency Is a Leadership Imperative In Today’s Environment
September 30, 2025
In an environment where silence often breeds suspicion, and ambiguity opens the door to distraction and misinformation, law firm leaders cannot afford to treat transparency as optional. Transparency is often seen as a communication tactic or a box to check; however, in today’s environment, it’s a leadership imperative.
5 Ways Law Firms Are Optimizing Their Back Office
September 30, 2025
Forward-thinking firms are reimagining the back office. By centralizing support functions, adopting technology, and making data-driven decisions, they are creating scalable, flexible, and resilient operations. The result? Higher productivity, improved client service, and stronger career pathways for staff. Here are 5 of the top strategies firms are implementing to optimize their back office.
How Lawyers Can Deliver More Value and Reduce Risk In Transactional Work
September 30, 2025
Firms that enable lawyers to practice at the top of their license by embracing smarter workflows and AI-driven systems that enhance human judgment aren’t just more efficient; they’re setting a new standard for excellence, reducing risk for clients, and elevating the role of the lawyer.
Firms Refocusing White-Collar Practices Based On Trump Administration’s Enforcement Priorities
September 30, 2025
While whole swaths of white collar defense work are drying up under the Trump administration, law firms are redeploying or refocusing these attorneys to matters with rising demand, such as compliance counseling and civil litigation.

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