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Identifying Your Practice's Differentiator Image

Identifying Your Practice's Differentiator

Bethany Chieffallo

How to Convey Your Merits In a Way That Earns Trust, Clients and Distinctions Just as no two individuals have the exact same face, no two lawyers practice in their respective fields or serve clients in the exact same way. Think of this as a "Unique Value Proposition." Internal consideration about what you uniquely bring to your clients, colleagues, firm and industry can provide untold benefits for your law practice.

Features

The Double-Edged Sword of Discounting Corporate Legal Fees: Weighing Profitability Against Client Retention Image

The Double-Edged Sword of Discounting Corporate Legal Fees: Weighing Profitability Against Client Retention

Eric Dewey

This article delves into the multifaceted implications of discounting corporate legal fees, exploring both the potential benefits and the risks associated with this strategy.

Features

Leveraging Law Firm KPIs for Business Success Image

Leveraging Law Firm KPIs for Business Success

Peter Oliva

Utilizing Key Performance Indicators (KPIs) in a law firm is crucial for evaluating performance, profitability, client satisfaction, and overall success. Understanding which attorneys are the most profitable, which matters are the most lucrative, and the cost of acquiring new clients is crucial for making informed business decisions.

Features

CRM Success: A Playbook for Disrupting Traditional CRM Image

CRM Success: A Playbook for Disrupting Traditional CRM

Kiara Hughes

Here's the playbook for disruption: Take attorneys out of the equation. Stop building CRM that succeeds or fails on their shoulders. We need to shift the focus and, instead, build the technology from the ground up for the professionals who actually use it: marketing and business development.

Features

Unbiased Thinking: A Blueprint for Your Law Firm Billing & Collections Transformation Image

Unbiased Thinking: A Blueprint for Your Law Firm Billing & Collections Transformation

Dan Safran

Law firms generally experience a similar set of common challenges and costs tied to inefficient billing and collections practices. This is a cost no firm can afford; and to that end, this article offers a blueprint for transforming billing and collections

Features

Retirement Succession Can Hedge Against Lateral Partner Acquisition Risks Image

Retirement Succession Can Hedge Against Lateral Partner Acquisition Risks

David Wood

While growing by acquiring lateral partners and practice groups can be lucrative, it carries many risks. Lateral candidates' projections of the revenue they will bring to a new firm can prove inaccurate, or a particular candidate may simply be a bad fit culturally.

Features

Revolutionizing Revenue: How 'Invoice to Cash' Innovation Rescues Firms from Billing Woes Image

Revolutionizing Revenue: How 'Invoice to Cash' Innovation Rescues Firms from Billing Woes

Milan Bobde

More and more, firms are understanding that it's the firm's ability to convert its agreed rates through billing and collections to collection realization that really counts. So why is it such a challenge for firms to solve it?

Features

AI and Hospitality: Transforming Law Firm Workplaces for the Future Image

AI and Hospitality: Transforming Law Firm Workplaces for the Future

Anthony Davies

As the world ushers in a new era post-pandemic of hybrid operations, it's really no surprise that workplace experience is a top, strategic lever law firm leaders are driving in conjunction with re-envisioning the space their professionals are occupying.

Features

Start 2024 By Embracing the Synergy Between Retirements and Succession Planning Image

Start 2024 By Embracing the Synergy Between Retirements and Succession Planning

Sharon Meit Abrahams

Attorneys retiring and succession planning are critical issues are often overlooked at the management level of law firms. A key question arises: What should come first, retirement or succession planning? Although they go hand in hand, many firms avoid addressing both.

Features

Experience Management: Selecting Best of Breed Solutions for Better Business Outcomes Image

Experience Management: Selecting Best of Breed Solutions for Better Business Outcomes

Jason Noble

Experience management is vital not only in terms of raw time savings and cost efficiencies but is pivotal in the firm's ability to win new business.

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  • Identifying Your Practice's Differentiator
    How to Convey Your Merits In a Way That Earns Trust, Clients and Distinctions Just as no two individuals have the exact same face, no two lawyers practice in their respective fields or serve clients in the exact same way. Think of this as a "Unique Value Proposition." Internal consideration about what you uniquely bring to your clients, colleagues, firm and industry can provide untold benefits for your law practice.
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