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Features

Musical Chairs for Firms' Public Faces Image

Musical Chairs for Firms' Public Faces

Kellie Schmitt

It all started when communications director Peter Columbus left O'Melveny & Myers for a position at Kaye Scholer this fall. To fill the opening at O'Melveny, John Buchanan left his job at Heller Ehrman. To fill that slot at Heller, Patrick Bustamante left his post at DLA Piper. 'Clearly there's a domino effect,' Buchanan said.

Features

A Committee Approach to the Bottom Line Image

A Committee Approach to the Bottom Line

Paula Campbell

Managing a small, medium or large law firm can be a daunting task, especially when piled on top of legal practice responsibilities. The combination of time, tasks, politics and personalities can seem overwhelming as firm managers strive to consider: 'What values are most important to clients?' as part of an overall firm management approach.<br>The key to overcoming these pressures and competing effectively is a strategy of innovation and differentiation.

Features

Technology in Marketing Image

Technology in Marketing

Nancy Manzo

First came business card exchanges, then networking events, then law firms became more organized and developed marketing databases to keep track of all clients, potential clients, referral sources and mailing lists. Then along came Client Relationship Management systems otherwise known as CRM. Now we have ERM (enterprise relationship management), RCM (relationship capital management) and more acronyms than you can shake a stick at. No matter what the new technology, the bottom line persists: Lawyers need to maintain and grow their world of relationships in order to be successful and generate revenue.

Features

Professional Development Programs As Formidable Recruiting and Retention Tools Image

Professional Development Programs As Formidable Recruiting and Retention Tools

Amy Sladczyk Hancock & Martha L. Smith

At top-rated firms, lawyer development and training has become the cornerstone of successful recruiting programs for both law school and lateral recruiting efforts. This trend assures that firms with active development programs will continue making significant investments in their attorney and potential attorney's futures via their professional development programming.

Features

The Place to Network Image

The Place to Network

Christy Burke

Has the importance of billing time all but eclipsed the potential gain of going out to lunch with a prospective client? As profits per partner keep skyrocketing, the case needs to be made for the old-fashioned business lunch. Clever 'rainmakers' have a keen eye for business development. They have realized that this forum presents a brilliant opportunity for networking and smoking out new opportunities. New clients aren't lining up outside your office so get smart and get out of that chair!

Features

e-Commerce Attorney-Client Privileged Records Have a Right to Die Too Image

e-Commerce Attorney-Client Privileged Records Have a Right to Die Too

Jonathan Bick

e-Commerce records may have less legal protection from disclosure than traditional commerce records ' a situation that might cause some concern for e-commerce company principals, their counsel and customers ' even after the companies, and the law firms representing them, no longer exist.

Features

<b>Corner Office: </b>Growth: An Imperative For Survival Image

<b>Corner Office: </b>Growth: An Imperative For Survival

Melchior S. Morrione

Do your current clients provide a steady stream of work that keeps all your lawyers busy? Are new clients constantly knocking at your door with new work based solely upon your firm's reputation? If that's your situation, stop here and read no further. You are in law firm nirvana.<br>Unfortunately, the other 99% of you managing partners are not so lucky.

Features

More from the Best of MLF 2006 Image

More from the Best of MLF 2006

Elizabeth Anne 'Betiayn' Tursi

In last month's issue, we covered the best of MLF from February to and including June 2006. In this issue, we will take a look back at July through November.

Features

Averting Data Security Threats From Portable Electronics Image

Averting Data Security Threats From Portable Electronics

Michael W. Droke & Rachel E. Byrne

The proliferation of flash drives, iPods, camera cell phones, Black-berries, and similar electronic devices has put all companies at added risk for insider theft. With the use of these devices, downloading significant amounts of data is easy, virtually instantaneous, and often very difficult to detect. These risks apply to essentially all companies that allow employees access to electronically stored, confidential, and proprietary information.<br>So what is today's company supposed to do to protect its valuable, sensitive information in the face of the risks posed by new portable devices?

Features

Just-in-Time Benchmarking Image

Just-in-Time Benchmarking

Allison Guidette & Pete Peterson

Benchmarking has long been a difficult undertaking for private service providers and for law firms in particular. While firm partners historically have tracked firm-wide metrics such as billings, profits per partner and individual productivity, firms have until recently not had the means or opportunity to benchmark performance at the practice group, office location and timekeeper level with any accuracy or currentness.<br>This article, as the title implies, discusses how refined performance measures are made possible by a new benchmarking tool, West Peer Monitor' from Thomson West

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