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March 18, 2022 | Lean Adviser
If risk is unexpected and unmanaged, it can imperil not only the project, but also the client relationship and so affect long term sustainable profitability. Factor risk into your work and advice and earn the trust of your clients.
By Lean Adviser Legal
3 minute read
March 11, 2022 | Lean Adviser
The traditional law firm definition is along the lines of increase rates, manage capacity and drive hours. This formula isn't so much wrong, as unsustainable. Why, because it's all about the law firm at the expense of everything else.
By Lean Adviser Legal
2 minute read
March 4, 2022 | Lean Adviser
Profit = Client Focus + Efficiency + Effectiveness, or P=CE2. In other words, specialize in your clients and then embrace efficiency and effectiveness in every task, every day. Just as Newton had his first law of motion, so for law firms this is the First Law of Profitability.
By Lean Adviser Legal
2 minute read
February 25, 2022 | Lean Adviser
Law firms who commit to lean operations can offer training and mentoring in these skills to associates. This enables associates to make efficient use of their time and keeps them engaged, involved and innovative.
By Lean Adviser Legal
2 minute read
February 18, 2022 | Lean Adviser
Now that building has become optional in the definition of a law firm, we can see the real essence of a law firm — people creating profit. That's it. So let's examine the relationship between people and profit.
By Lean Adviser Legal
2 minute read
February 11, 2022 | Lean Adviser
Culture is the first weapon in retention. Not just culture in a broad sense, but the specifics of assuring career development. It's not just associates who want to see this, many clients do too.
By Lean Adviser Legal
3 minute read
February 4, 2022 | Lean Adviser
Most firms have a mentoring program in place. But making it effective is a whole other issue. What we're hearing from associates is that it's either not happening or it's ineffective. Mentoring isn't a task, or a box to tick. It's an imperative, a privilege, and an opportunity to build long-lasting bonds.
By Lean Adviser Legal
4 minute read
January 28, 2022 | Lean Adviser
Associates aren't just fee-earners, they are also people, and they get thrust into a job which is stressful and challenging. If they don't like it, or if the environment next door looks brighter, they'll leave. The armor which associates need, on a daily basis, isn't real estate, restitution or even restrictive covenants, it's resilience.
By Lean Adviser Legal
3 minute read
January 21, 2022 | Lean Adviser
For many firms, times are good. Demand is up, revenues are up, and profitability is up. Their challenge is how to get equipped with lawyers to service the demand during a talent war, and then ideally get the talent to show up at the office periodically. What associates want? Meaningful inclusion is a big part of it.
By Lean Adviser Legal
3 minute read
January 14, 2022 | Lean Adviser
This is the season for business plans, budgets and compensation discussions. Goal setting, managing expectations, identifying resources, and planning methods of work-delivery -- this is essentially what law firm leaders are contemplating at the beginning of the year.
By Lean Adviser Legal
4 minute read
The Daily Report is honoring those attorneys and judges who have made a remarkable difference in the legal profession.
Consulting Magazine identifies consultants that have the biggest impact on their clients, firms and the profession.
The National Law Journal Elite Trial Lawyers recognizes U.S.-based law firms performing exemplary work on behalf of plaintiffs.
Health Law Associate CT Shipman is seeking an associate to join our national longstanding health law practice. Candidates must have t...
Shipman & Goodwin LLP is seeking two associates to expand our national commercial real estate lending practice. Candidates should have ...
Associate attorney position at NJ Immigration Law firm: Leschak & Associates, LLC, based in Freehold, NJ, is looking for a full time ass...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS