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New Partner Training Is a Key Component of Law Firm Success Image

New Partner Training Is a Key Component of Law Firm Success

Sharon Meit Abrahams

Training new partners helps them develop the necessary skills to become successful attorneys and eventually leaders in their firms. This investment demonstrates the commitment the firm has to the young partner which will reduce attrition and enhance engagement.

Features

Billing Harmony: 5 Tips for Crafting Clear Billing Guidelines Image

Billing Harmony: 5 Tips for Crafting Clear Billing Guidelines

Jennifer Sherman

Clear billing guidelines are essential for effectively managing client relationships and preventing costly and time-consuming billing disputes. Well-defined billing standards set expectations upfront, ensure consistent application of rates and procedures and provide transparency around what work will be performed and how it will be billed.

Features

Best Practices In Building Contingency Fee Practices Image

Best Practices In Building Contingency Fee Practices

Philip Iovieno

There are two major factors motivating firms to move in the direction of more risk sharing and more contingency work. The first is client-driven, the second is basic law firm economics.

Features

2023 GC Compensation Survey: Pay Rises, But Not Everyone Is Happy About It Image

2023 GC Compensation Survey: Pay Rises, But Not Everyone Is Happy About It

Chris O'Malley

Tech companies grabbed six of the top 10 slots on the list, which ranks by total compensation. The five most-highly paid legal chiefs received more than $20 million, while all the top 10 collected more than $15 million.

Features

A Key to Success: Start the Difficult Conversation You're Avoiding Image

A Key to Success: Start the Difficult Conversation You're Avoiding

Rudhir Krishtel

This article addresses why difficult conversations are especially challenging in the legal environment, the value of having them, and offers a framework with a few extremely valuable tools for navigating these sticky situations to engage in these dialogues more directly and effectively.

Features

Mastering Collaboration: Enhance Productivity With Your Outside Marketing Agency Image

Mastering Collaboration: Enhance Productivity With Your Outside Marketing Agency

Melanie Trudeau

For law firms seeking to thrive in today's competitive landscape, partnering with a specialized marketing and PR agency is a strategic imperative. Agencies possess a deep understanding of the intricate balance between legal expertise and effective brand communication.

Features

Building the Law Firm of the Future Image

Building the Law Firm of the Future

Joel Wirchin

As organizations strive for growth into the future, outsourcing helps to find the balance between risk and opportunity, between cost and access to new skills and capabilities, curating innovation, and incorporating new remote working norms.

Features

Effective Hybrid Work Polices Need a Stick to Go with the Carrot Image

Effective Hybrid Work Polices Need a Stick to Go with the Carrot

Anthony Davies

While many firms have, in fact, embraced hybrid operations, the meaning of hybrid has evolved from "office optional," to an average required 2 days a week, to now many firms coming out with four-day work week mandates — this time, with teeth.

Features

How to Build the Law Firm of the Future Image

How to Build the Law Firm of the Future

Joel Wirchin

The onus is on law firm leaders to balance risk and opportunity. How can firms guide through an increasingly perilous landscape rife with opposing hazards to start building the law firm of the future today?

Features

The Flight to Quality and Workplace Experience Image

The Flight to Quality and Workplace Experience

Anthony Davies

That the pace of change is "accelerating" is surely an understatement. What seemed almost a near certainty a year ago — that law firms would fully and permanently embrace work-from-home — is experiencing a seeming reversal. While many firms have, in fact, embraced hybrid operations, the meaning of hybrid has evolved from "office optional," to an average required 2 days a week, to now many firms coming out with four-day work week mandates — this time, with teeth.

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