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27. In A Volatile Legal Market, Keep Your Identity But Adapt Your Methods
For all firms there are multiple moving parts, opportunities and challenges. That's what happens in a volatile market. But if the identity of the firm is client-facing, this won't change, they'll just adapt and find better methods.
24. Are You In the Business of Law for Your Clients Or Yourselves?
Once you start thinking of attorneys as problem solvers rather than cash generators, a very interesting thing happens. You realize that the prize isn't money, it's happy clients. Then you see that it's actually a "set up to succeed" strategy. To the problem solver, money is just a by-product, albeit a vital one, but it's still a by-product.
23. The Business of Law Isn't All Business
A North Dakota law firm successfully sued its former associates for missing their billable hours targets. The firm won. But they forgot about the law of unintended circumstances.
22. The Plight of the General Counsel
The better you understand the position of the GC, the better support you'll be, and the more business you'll get as a direct result.
Law Journal Press | Digital Book
Pennsylvania Causes of Action, 12th Edition
Authors: GAETAN J. ALFANO, RONALD J. SHAFFER, JOSHUA C. COHAN
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26. The Lean Lawyer's Guide To Avoiding Malpractice Claims: Module 5 - Your Role
Pretty much the first thing any good leader will do in any project, be it surgery, sailing, or running a legal assignment, is set out clear roles and responsibilities. Then comes communications. If anybody sees something that looks off, whether it's your work or the team leader's, they need to speak up.
25. The Lean Lawyer's Guide To Avoiding Malpractice Claims: Module 4 - Your Clients
Planning properly starts with understanding your client. And clients won't answer the questions they're not asked, so it's on you to understand their business and what they are trying to accomplish. This is all core context which can come back to bite you if left uncovered.
Chasing Net Growth, Law Firms Look to 'Mergers of Magnitude'
"We're seeing a lot of interest in mergers of magnitude because laterals and [lateral] groups tend to rarely result in net growth, or net growth that is satisfying to the overall strategy," said law firm consultant Kristin Stark.
24. The Lean Lawyer's Guide To Avoiding Malpractice Claims: Module 3 - Your Job
A common, but undiagnosed, root cause of malpractice claims is lawyers misunderstanding who they work for. When it comes to your job, there is a subtle nuance at play. It's this: You don't work for your firm, you work at your firm for your clients.
23. The Lean Lawyer's Guide to Avoiding Malpractice Claims: Module 2 - Your Firm
Your firm may be big on driving compliance, and yes this avoids malpractice claims. But all the while, billing pressures are relentless, and levels of available work are variable. This can have a counter-effect. It can lead to tinkering, hoarding, haste to execution, padding, sharp elbows, and a host of other unsafe practices. Methods matter.TRENDING STORIES
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