In The Marketplace
Highlights of the latest equipment leasing news from around the country.
'Insourcing' HR Gives Law Firms Extra Services
Employee health benefits were the number one reason Louis Reisman, managing director of Los Angeles-based Weinstock, Manion, Reisman, Shore & Neumann, began investigating the concept of Professional Employer Organizations (PEOs). That was back in 1987. Now almost 20 years later, the decision to utilize a PEO continues to be among the best he has made for his firm.
'Get The Coach On The Phone!'
No part of a legal education teaches attorneys how to supervise support staff, or their fellow attorneys. The future of any law firm is highly dependent upon a firm's ability to attract, hire, train, and retain the best talent. One of the primary reasons that attorneys leave their places of employment is an unsatisfactory relationship between the lawyer and his or her supervisor. How many of us have watched senior attorneys hold on to aspects of their work that would offer a junior person a great opportunity for development? <br>Coaching can help attorney supervisors assess and evaluate their supervisory style, to determine how to fill voids in their employment management education, to encourage better results from their associates, and to create working teams that best meet clients' needs.
Your Future: Is There A Merger There? Are You Going To Follow The Lemmings Or Set Your Own Course?
A recent article in the <i>National Law Journal</i> piqued my attention. It hit on a point that many middle market firms must consider too often. The article in the Jan. 10, 2005 issue is titled "Mergers? Not Here Thanks." Many firms not listed as mega-firms are asking the same questions ' should we take an offer to merge with a larger firm? Here are some questions every partner and firm should ask before considering combining with any other firm.
Reducing Law Firm Overhead Costs
A law firm management's primary focus, like most professional service firms, is new business, billing a high percentage of partners' and associates' time and, of course, collecting a high percentage of billings. Under pressure to increase revenues and grow the bottom line, executives often overlook smaller firm overheads such as office supplies and related items, printing, stationery, overnight delivery, telecom and copiers. <br>The truth is that management just does not have the time or resources to regularly review expenses and reduce these costs. Selecting a professional firm to perform the cost reduction work most often represents the best solution.
The Changing Face Of e-Discovery Tools: Concept Folders And e-Mail Mapping
Most of you are familiar with the problems and opportunities associated with electronic discovery. In the face of these challenges, new e-discovery products have been hitting the marketplace and old, established providers are scrambling to respond. Innovation is leading the way, and two new technologies have emerged. <br>Concept folders and e-mail mapping are two new techniques that can help attorneys manage electronic documents during litigation by organizing a document set and finding critical connections buried in large e-mail collections.
e-Discovery Tags Along As Matrimonial Lawyers Go Online
The Internet has been recognized by matrimonial attorneys as promoting a variety of goals. But matrimonial attorneys may not be aware of the unique issues that arise when they need to have the data and information they collect online presented as evidence.
