Last month, in "Trust but Verify," D. Casey Flaherty, corporate counsel at Kia Motors America, identified a mini audit that in-house counsel can administer remotely to assess a firm's attitude about predicting budgets for a project. In this article, he offers a second mini audit, to determine if firms can capitalize on economies of scale.
With demand for corporate work slack through most of the year and clients continuing to apply rate pressure, 12 elite Am Law 100 firms with a handful of exceptions made only slight gains in both gross revenues and profits in 2012, according to The American Lawyer's reporting.
A kind of TED conference for lawyers explores the digital, regulatory, and engineering changes redefining the practice of law as attorneys and their clients now know it.
Gavel & Gown Software has added new features to its Amicus Cloud Software, part of the Amicus Attorney practice management software line.
For Debevoise & Plimpton, last year was one of flat financial metrics compared to 2011, as the New York-based firm posted gross revenues of $675.5 million and profits per partner of $2.075 million, according to The American Lawyer.
Aric Press describes how Trevor Faure, global leader for legal services at Ernst & Young, came to develop his "Smarter Business Development Model" for law firms, which identifies six traits firms need to embrace to attract more business.
LogicBit Software, a Research Triangle Park, N.C., practice management software provider, announced an updated version of HoudiniEsq software as a service.
According to a new analysis by the Corporate Executive Board, there are some simple ways for legal departments to cut costs and provide more efficient services.
As other Texas firms pay attention to collection rates, a concerted effort raised shareholder collection rate at Chamberlain Hrdlicka to 96.2 percent in 2012 from 92.5 percent in 2011, says Wayne Risoli, managing shareholder.