Aug31

Social Media—To Do or Not to Do?

As we travel around the country to various firms, a question we often hear is “Should we begin to think about social media at our firm?” We also hear comments such as, “We only allow access to LinkedIn at the firm if people have a good reason f ...[Read More]

Published: Aug-31-10 | 0 Comments | 0 Links to this post

Aug27

Calculating Matter Profitability – Should a Partner’s Cost be $0 or $5,000 an Hour?

As pricing pressures continue and the demand for alternative fee and fixed fee arrangements increase, law firms find themselves delving into their own pricing and staffing model on a more granular level than before. To help grasp these staffing a ...[Read More]

Published: Aug-27-10 | 0 Comments | 0 Links to this post

Aug18

Loyal Clients - The Untapped Resource

The recent Peer Monitor results confirm that demand for legal services is not moving appreciably upward. In a stagnant market, there are only two ways to grow: (1) create demand by offering new services that clients did not realize they need or ( ...[Read More]

Published: Aug-18-10 | 0 Comments | 0 Links to this post

Aug06

The Innovation Paradox

We did a survey earlier this year about innovation and 82% of the law firm leaders we surveyed felt that innovation was either important or extremely important to their firm’s strategic goals. And yet, these same leaders realized that innovation ...[Read More]

Published: Aug-06-10 | 1 Comment | 0 Links to this post

Aug04

So how are we really doing? Peer Monitor results for the first half of 2010

As we work with clients we hear a common theme. Things are better than last year but the rebound is mighty slow and inconsistent. A few firms are seeing reasonably strong performance but most are cautious about 2010 results and profits and are ...[Read More]

Published: Aug-04-10 | 0 Comments | 0 Links to this post

Jul29

Nursing a Hangover in Dubai

I’ve just returned from a trip to the Middle East where I had an opportunity to sit down with some participants and observers of the legal market in Dubai, which has traditionally been the target market of choice for firms interested in getting a ...[Read More]

Published: Jul-29-10 | 0 Comments | 0 Links to this post

Jul23

Observations from the IP Services Team

If challenges create opportunities then IP practitioners are operating in an increasingly opportunistic area of law right now…and some are taking full advantage. Prior to the recession, IP law was on an impressive roll of increasing demand with g ...[Read More]

Published: Jul-23-10 | 0 Comments | 0 Links to this post

Jul22

Is it Possible to Measure the Impact of Project Management?

Project management (“PM”) is a popular topic of discussion in many law firms today. Some firms are embracing it as they see the benefits of more proactive management of legal matters. They recognize that PM is critical for profitability under fl ...[Read More]

Published: Jul-22-10 | 1 Comment | 1 Link to this post

Jul16

Where have all the giants gone?

A recent conversation with the leader of a mid-tier city Chamber of Commerce left me thinking about a formerly common phenomenon which, sadly, is so often lacking in law firms today. We were discussing how in a typical city like his that a law firm ...[Read More]

Published: Jul-16-10 | 0 Comments | 0 Links to this post

Jul14

Powering Out Of The Recession

Whether it is news of a transatlantic merger or the acquisition of major players in strategic markets, the past six months have revealed a handful of select law firms taking bold action in an attempt to power out of the recession and position them ...[Read More]

Published: Jul-14-10 | 0 Comments | 0 Links to this post

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