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Exclusive law firm financial reporting and rankings. News, trends and analysis of law firm management; leadership profiles, market reports and case studies.
By Ben Wheway | December 6, 2007
The British Legal Awards 2007: Managing/Senior Partner of the Year. Winner: David Pester, TLT. Finalists: Peter Crossley, Hammonds; Kevin Gold, Mishcon de Reya; Moira Gilmour, Field Fisher Waterhouse; David Gray, Eversheds; Joy Kingsley, Pannone
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By a:1:{i:0;s:1:" ";} | December 5, 2007
How do you decide prices? Not just your headline rates, but the actual fee an individual client pays for a specific piece of work. How much do clients really care about prices and how do you communicate pricing decisions to them?
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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').
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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By Roy Strom | March 15, 2018
Burford Capital's big income and profit figures could give managing partners room to maneuver.
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By Miriam Rozen | March 15, 2018
The aftermaths of corporate ousters at Uber and Wynn Resorts highlight the turmoil outside law firms can face when a client's CEO goes down.
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By Scott Flaherty | March 15, 2018
The firm built on steady years in 2015 and 2016, increasing its revenues and profits to their highest-ever levels in 2017.
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By Ryan Lovelace | March 15, 2018
Average partner profits reached more than $2.1 million last year at Wilmer Cutler Pickering Hale and Dorr.
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By Brian Baxter | March 15, 2018
Panama's Mossack Fonseca is poised to shut down at month's end, almost two years after suffering a massive data breach. Its founders are facing money laundering charges.
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By Rose Walker | March 15, 2018
Is Mark Shillito's senior partner run indicative of long-running resentments at HSF?
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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.
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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.
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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.
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By Roy Strom | March 14, 2018
The litigation finance giant announced Wednesday that it had tripled its investment commitments on new cases.
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The African Legal Awards recognise exceptional achievement within Africa s legal community during a period of rapid change.
Celebrating achievement, excellence, and innovation in the legal profession in the UK.
Legalweek New York explores Business and Regulatory Trends, Technology and Talent drivers impacting law firms.
Our client, an American technology company that is a popular provider of online dating services, has engaged us to identify a highly qualif...
Small group of federal litigators that handle primarily fashion and music related cases. In need of additional associate to work on fashion...
Columbia Law School Human Rights ClinicColumbia Law School seeks an experienced human rights advocate with a strong interest in clinical tea...
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