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Rising Expenses and M&A Slowdown Could Sink Profit Growth This Year Image

Rising Expenses and M&A Slowdown Could Sink Profit Growth This Year

Andrew Maloney

Stifling expenses and a slowdown in transactional work during the first quarter could sink profit growth for the rest of the year, according to a new analysis of legal industry performance.

Features

Know When to Hold 'Em And Know When to Fold 'Em: 4 Questions to Ask When Thinking of Merging Image

Know When to Hold 'Em And Know When to Fold 'Em: 4 Questions to Ask When Thinking of Merging

J. Mark Santiago

Deciding to merge is a process that is best undertaken when a firm has as much information as possible about what their objectives and desired outcome is. Developing that information is best achieved by answering four questions.

Features

New Approaches to Outsourced Labor Image

New Approaches to Outsourced Labor

Ben Schmidt

Employees are the lifeblood of an organization. Companies, including law firms, are rightfully attempting to navigate what the past two years have meant to the labor force and make sense of the changes to the landscape so that they can successfully manage their businesses. Included in this mix are outsourcing service providers.

Features

The Biden Administration's 2023 Budget: Déjà Vu All Over Again Image

The Biden Administration's 2023 Budget: Déjà Vu All Over Again

Lawrence L. Bell

The Treasury's Greenbook commenting and explaining budget recommendations for FY 2023 raises warnings of tax increases. But what are the odds Congress passes anything before the midterm elections this November? This article presents a summary of the proposed tax increases and the likelihood of these provisions being enacted into law.

Features

Law Firms Reviewing Contracts to Battle Inflation Image

Law Firms Reviewing Contracts to Battle Inflation

Phillip Bantz & Trudy Knuckles

As inflation worsens, legal chiefs and their in-house teams are stepping up and finding ways to help their companies tamp down a vast array of price hike fires. And a significant part of that work is reviewing contracts with service providers, clients and other business partners.

Features

It's Time for Post-Pandemic Law Firm Retreats Image

It's Time for Post-Pandemic Law Firm Retreats

Sharon Meit Abrahams

After two years of cancelled, postponed or virtualized versions, in-person retreats are finally back. It's time to refresh ourselves on why and how to run a safe and healthy in-person retreat.

Features

Why Hire a Fractional CMO? Image

Why Hire a Fractional CMO?

Nicolle Martin

A fractional CMO is an outsourced marketing executive that can perform all the functions of a chief marketing officer, including strategy, planning and implementation, without a company having to commit to a long-term, full-time salary.

Features

The Culture Code for Law Firms Image

The Culture Code for Law Firms

Marci Taylor

Many firms have made a valiant attempt to maintain firm culture in the brave new world in which we find ourselves. Culture is not something that is pre-destined or accidental. Rather, it is something that exists and evolves in organizations where particular skill sets are present and cultivated.

Features

Use Business Development Content for Cross-Selling Success Image

Use Business Development Content for Cross-Selling Success

Wayne Pollock

If you're in that boat, or you are unsure about how to get your cross-selling efforts going, marketing and business development content, in all of its forms, is your secret weapon for cross-selling your firm's services.

Features

Law Firms Are Using Clawback Provisions to Stop Lateral Departures Image

Law Firms Are Using Clawback Provisions to Stop Lateral Departures

Jessie Yount

As law firms face mounting pressure from the talent wars, many are attaching strings to their partnership agreements in order to protect their partnerships and forestall lateral departures in a high-demand market.

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