Law Firm Management

Exclusive law firm financial reporting and rankings. News, trends and analysis of law firm management; leadership profiles, market reports and case studies.

  • Managing a Law Firm: The talent show

    By a:1:{i:0;s:1:" ";} | December 5, 2007

    He was recruited as a very senior director in a very large City law firm. His work went well but the thing that really bugged him was the pass he had to show every time he went into the staff restaurant. The words 'non-lawyer' were printed on the face of it (for non-lawyer, read 'second-class citizen').

    1 minute read

  • Managing a Law Firm: Tough strategy

    By a:1:{i:0;s:1:" ";} | December 5, 2007

    Open any book about strategy and you will read how product-focused companies have succeeded. You can learn, for example, about how Japanese cars beat the US giant auto manufacturers at their own game or how Microsoft came to dominate the market for PC software. The trouble is, though, most of the economy is driven by service businesses, which are almost always harder to manage than the sorts of organisations described in strategy books. It is particularly difficult to develop strategy in a law firm where everyone is intelligent, articulate and where, all too often, people have conflicting ideas about where the firm should be heading.

    1 minute read

  • Managing a Law Firm: A networked world

    By a:1:{i:0;s:1:" ";} | December 5, 2007

    Five key factors are driving today's economy: client sophistication; connection; transparency; governance; and modularisation. These forces are steering the professional services sector towards commoditisation, where clients perceive minimal differences between most offerings and often squeeze their suppliers on fees. Only legal services suppliers that actively engage their clients in deep, collaborative relationships are able to differentiate themselves.

    1 minute read

  • Hanging on the telephone

    By a:1:{i:0;s:1:" ";} | December 5, 2007

    Conference calling has become an integral part of the legal world. Lawyers routinely schedule calls for everything, from new client consultations to transaction negotiations to arbitration hearings with a judge in attendance.

    1 minute read

  • Desktop decisions

    By a:1:{i:0;s:1:" ";} | December 5, 2007

    Desktop automation has been around for years. Ghost was written in 1996 to enable IT support people to clone a computer. ZENworks was introduced by NetWare in 1998 to help manage server and desktop configurations across the network: it is very far from being a new idea. What is interesting about it, however, is that it never stops evolving.

    1 minute read

  • Keep your cool

    By a:1:{i:0;s:1:" ";} | November 28, 2007

    In today's legal services market it is important to keep abreast of the changing needs and concerns of companies involved in disputes. In this way we can develop the supportive role that both in-house and external legal advisers play in guiding clients towards the resolution of disputes.

    1 minute read

  • Equal Opportunities, Employment and Diversity: Trust in me

    By a:1:{i:0;s:1:" ";} | November 21, 2007

    "We aim to become a trusted adviser". A hackneyed phrase, much used in the mission statements of professional services firms, but there is often little real understanding of what it really means. Like "putting clients first", it sounds good and is designed to make clients feel they are at the centre of things.

    1 minute read

  • Consolidating communications

    By a:1:{i:0;s:1:" ";} | November 21, 2007

    What started out as a necessary upgrade to our business-critical telephony systems soon became an opportunity to achieve much more. In the past two years we have achieved 50% organic growth and, with similar ambitions for the future, our key business goals are improving customer experience and productivity while managing costs.

    1 minute read

  • Banking on experience

    By a:1:{i:0;s:1:" ";} | November 21, 2007

    Outsourcing is one of the major trends in the legal industry at the moment. Whether it is moving peripheral administrative tasks to a third-party provider or moving your entire IT department to a subsidiary in India, accessing low-cost workforces is the flavour of the month for the legal manager.

    1 minute read

  • Code comfort

    By a:1:{i:0;s:1:" ";} | November 14, 2007

    "Errors, like straws, upon the surface flow; he who would search for pearls must dive below." So wrote John Dryden in 1678. And so, too, every solicitor makes minor mistakes in his day-to-day work - inconsequential errors and misjudgements. But so what, you may ask, if beneath the surface the client is getting the pearls of a first-rate job? And let us not forget that the standard is generally very high. Clients are, by and large, well served.

    1 minute read

  • Legaltech News

    Ask the Legal Marketer: What's Your Lead Magnet?

    By LTN Staff | March 15, 2018

    Lead magnets are marketing tactics such as downloadable content, e-books, checklists, how to's, etc., that get potential clients interested in your organization. And finding the right ones make a difference.

    1 minute read

  • Pro Mid Market

    Boutique Firms Gain Momentum in the Legal Industry

    By Michael A. Tanenbaum | March 14, 2018

    As the legal industry searches to find solutions to its historical inefficient delivery of services, corporate counsel are evaluating approaches to the engagement of outside counsel best suited to meet their legal and business needs.

    1 minute read

  • Pro Mid Market

    Is Your Firm Really a Firm? The 'Firmness' Scale Can Help

    By Jeff Coburn | March 14, 2018

    Over many years working with smaller and midsize law firms throughout the country, I've experienced a wide range of firm typologies. Much of the difference among such firms can be attributed to the degree of “firmness” that smaller and midsize firms exhibit.

    1 minute read

  • The American Lawyer

    Burford Investors Get Rich as Financier Deepens Am Law 100 Ties

    By Roy Strom | March 14, 2018

    The litigation finance giant announced Wednesday that it had tripled its investment commitments on new cases.

    1 minute read

  • The American Lawyer

    Dentons Touts Seven More Tie-Ups in Africa, Asia and Caribbean

    By Rose Walker | March 14, 2018

    Firms in the Cayman Islands, Indonesia, Kenya, Malaysia and Mauritius are among those being absorbed by Dentons in its latest round of global expansion.

    1 minute read

  • New York Law Journal

    Chadbourne Settles Sex Bias Case That Shined Light on Big Law Pay Gap

    By Christine Simmons | March 14, 2018

    The deal resolves discrimination claims brought by Kerrie Campbell and two other partners against Chadbourne & Parke and its successor firm, Norton Rose Fulbright.

    1 minute read

  • International Edition

    Dentons announces seven more tie-ups as global expansion continues apace

    By Rose Walker | March 14, 2018

    Expansion continues via deals with law firms in Africa, the Caribbean and Southeast Asia

    1 minute read

  • International Edition

    The death of the law firm partnership vote - will more firms eschew tradition for a more corporate approach?

    By Gina Passarella | March 14, 2018

    With an eye on efficiency, firms are ditching consensus-based methods in favour of more centralised management

    1 minute read

  • Daily Report Online

    Fisher Phillips Witnesses Detail Pay Cuts for Tex McIver Before Wife's Shooting

    By R. Robin McDonald | March 13, 2018

    Fulton County prosecutors contend that Tex McIver shot and killed his wife to maintain his diminishing wealth and secure his beloved ranch that he had mortgaged to her for a $350,000 loan he couldn't pay. Fisher Phillips executives detailed the extent of the salary cuts to a jury in McIver's ongoing murder trial.

    1 minute read

  • Pro Mid Market

    Tarter Krinsky & Drogin: How to Stay True to Entrepreneurial Roots

    By David Gialanella | March 13, 2018

    "As we change, we are very conscious to stay true to our values and maintain our close-knit and collaborative culture," says Alan Tarter, managing partner of Tarter Krinsky & Drogin, in describing how his young, midsize firm strives to stay true to its entrepreneurial roots while continuing to grow.

    1 minute read

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