Can Law Firms Be Lean?
November 30, 2013
For those who have had some exposure to <i>Total Quality Management</i>, the reference to <i>Lean</i> or <i>Lean Six Sigma</i> might be familiar. Total Quality Management (TQM), famed for advancing Japanese firms to remarkable achievement in product quality, was also pursued in the service industry.
Partner Compensation
November 30, 2013
How do you determine partner compensation at your law firm? You certainly look at each partner's originations, working attorney receipts and billable hours. But what about his or her excellent client service, strong leadership, successful staff development efforts and keen technical skills?
Firms Recalculating Compensation Models
November 30, 2013
When it comes to attorney pay, origination has held a steady place at the top of many firms' list of compensation criteria. But could rainmaking be drying up in importance?
The Evolution of Litigation Management Technology
November 30, 2013
For decades, litigation was typically associated with large paper files piled on conference tables and oversized boxes being wheeled into courtrooms. The closest thing to technology that many people ever connected to litigation was a Dictaphone used to narrate notes for transcription.
Emergence of State Initiatives Could Change Franchising
November 30, 2013
In the last two years, many state legislatures have considered new franchise laws. Few of these bills have been passed or enacted, but some of the bills represent the potential for significant changes in treatment of franchising as a unique business model and of the franchisor-franchisee relationship. At the very least, franchisors need to be more aware of state legislators' interest in franchising than in the past.
Are You Blawging, or Flawging?
November 30, 2013
Lots of attorneys are being told that they need to start blogging (or "blawging", as many attorneys refer to it). From a marketing perspective, this advice makes a lot of sense. There's an old advertising adage, credited to David Ogilvy from the pre-"Mad Man" days of advertising, that when it comes to big-ticket purchases, "long copy sells."
Selling Municipal Securities via the Internet
November 30, 2013
Traditionally, municipalities depend upon property taxes to constitute the largest source of local governments' own revenue. Charges, sales and gross-receipt taxes, individual income taxes and other revenues make up the remaining local general revenues.Normally, municipal bonds can be purchased through an investment broker. However, municipalities may lawfully sell municipal bonds directly to the public via the Internet and potentially save money.
