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Partnerships are viable and sustainable only if there is a consistent and sufficient earnings stream to attract talent to the firm. This is accomplished when all timekeepers are personally productive and profitable.
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Lawyers who are looking to advance their careers and who want to build business should not underestimate the power of using social media to raise their visibility.
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If you are not perceived the way you want to be perceived and are not reaching the goals you have set out to meet, you want to re-evaluate your values and determine if your personal brand needs to be tweaked, revamped or potentially overhauled.
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Every law firm needs to make a strong impression to increase its name awareness, protect and build market share and instill loyalty in its client base. What is your promise to clients?
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Just six in 10 of the 4,967 students who graduated last year from New York state's 15 law schools were able to find full-time, permanent employment requiring bar passage by Feb. 15, according to recently released statistics from the American Bar Association.
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In an increasingly competitive marketplace, with fewer seats at the table, a successful candidate for equity partnership must demonstrate a full complement of personal and professional skills and experience.
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Today's global law fims need the expertise international lawyers offer, but they also need those lawyers to write and speak with a clarity approaching that of a native speaker. An overview of the issues and options for helping international lawyers communicate effectively in English.
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Many changes continue to occur in the traditional partner/associate structure in law firms. Permanent associates, staff or contract attorneys, temporary attorneys, of counsel (in one form or another) and non-equity partners have been added to the mix.
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While the economy continues to limp along and the experts continue to predict a flat legal market, it is more important than ever to ensure your back-office operations are functioning in the most cost-effective, efficient way possible.
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Turning time into money begins with the metrics a firm has in place, whether the key performance indicators are being measured and tracked, and how technology is being leveraged to streamline the entire process. technology plays a vital role in not only monitoring and 'policing' these metrics, but financial management and billing technology in particular, can always be tweaked and customized to better firm metrics ' especially as they relate to firm utilization, realization, and A/R aging.