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Law Firm Management

Features

Back to Basics In Times of Uncertainty Image

Back to Basics In Times of Uncertainty

Patricia Ellard 

One of the keys to success in competitive intelligence is communication. Effective communication builds rapport with your clients, which, in turn, builds trust and instills confidence that you will be able to get what they need to achieve their goals. In the last few months, this element of trust and rapport has never been more important.

Features

Transitioning to Remote, Electronic Signing for Transactions Image

Transitioning to Remote, Electronic Signing for Transactions

Will Norton

The recent move to more remote work environments has prompted many to take a second look at not only e-Signature solutions but also remote online notarization. In order to support transactional practice groups and legal department in making the transition to electronic signing and closings, one must understand the challenges and opportunities of these technologies.

Features

It's 2025: What Did We Do to Successfully Shift Law Firm Operations? Image

It's 2025: What Did We Do to Successfully Shift Law Firm Operations?

Rob Mattern

A Look Back from the Future If we look back at 2020 five years from now, what will we point to as the key actions that brought law firms back, and which of those are still in play.

Features

Drumming Up Business While Trumpeting Your News Image

Drumming Up Business While Trumpeting Your News

Vivian Hood

An Integrated Strategy Despite the current uncertainty, though, developing solid plans with accountability, results and measurement can be done. Preparing a comprehensive business development strategy — one that is integrated with public relations — is more critical than ever to avoid being considered pleasant but boring elevator music.

Features

Communicating During the COVID-19 Crisis Image

Communicating During the COVID-19 Crisis

John J. Buchanan

The COVID-19 pandemic has likely changed how law firms operate from now on, and it has affected all areas, from client service and IT to business development and attorney recruiting and advancement. One area that has been especially hit hard is the communications function.

Features

Year End Is 90 Days Away, Make Every Day Count. Image

Year End Is 90 Days Away, Make Every Day Count.

J. Mark Santiago

We are now into the sixth month of the COVID-19 pandemic and law firms across the country are entering the critical last quarter of the year. Historically, law firms collect between 30% and 50% of their annual revenues in the final 90 days of the calendar year. This year will be more challenging than prior years for a number of reasons.

Features

COVID-19 and Benefit Planning Image

COVID-19 and Benefit Planning

Lawrence L. Bell

The COVID 19/Pandemic/Shutdown has caused turmoil and upended benefit planning.

Features

Redefining Law Firm Financial Management In An Era of Unprecedented Economic Uncertainty Image

Redefining Law Firm Financial Management In An Era of Unprecedented Economic Uncertainty

Ari Kaplan

The pandemic has forced law firms to reevaluate their expenses, refine their budgets, and review their overall operations to adapt to an environment of perpetual uncertainty. To understand their approach, options, and considerations, LSQ engaged Ari Kaplan Advisors to benchmark a range of metrics and perspectives from leaders at an array of organizations.

Features

Law Firm Profitability Expected to Be Stable for 2020 Despite Decreased Revenue Image

Law Firm Profitability Expected to Be Stable for 2020 Despite Decreased Revenue

Dan Packel

Economists are increasingly gravitating to the concept of a "K-shaped" recovery following the steep plunge of the early days of the coronavirus crisis. With a slight tweak, that "K" may well serve as a useful depiction of law firm profitability in 2020: just add a horizontal third line at the center.

Features

Undercutting the Cost of Underperforming Attorneys Image

Undercutting the Cost of Underperforming Attorneys

Sharon Meit Abrahams

As a firm leader it is your fiscal responsibility to address underperforming attorneys. With COVID-19 are your underperformers flying under the radar? The cost to a firm is not only to the bottom line, but to your reputation as a leader.

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