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Features

How a Law Firm's Comp System Affects Profitability and Partner Satisfaction Image

How a Law Firm's Comp System Affects Profitability and Partner Satisfaction

Hugh A. Simons

Compensation systems are typically a strategic afterthought, seen as the means by which to allocate the spoils of a successful strategy. They're viewed as affecting the level of grousing among partners, but not a firm's performance. The data, however, indicates the reverse is true.

Features

COVID-19: As Coronavirus Ravages the Economy, Bankruptcy Attorneys Prepare for the Flood Image

COVID-19: As Coronavirus Ravages the Economy, Bankruptcy Attorneys Prepare for the Flood

Samantha Stokes

Law firms have always counted on bankruptcy as a countercyclical practice in hard times. Now, those that prepared when the economy was booming may be about to get their reward.

Features

How to Survive (and Even Thrive) During and After the COVID-19 Lockdown Image

How to Survive (and Even Thrive) During and After the COVID-19 Lockdown

Valerie Chan

The ability to adapt, be nimble and pivot as necessary is crucial to surviving and thriving in ever-changing economic climates. Communicating in the age of social distancing requires a new way of thinking and being — not just in the virtual workplace with our peers but also how we communicate and partner with our clients.

Features

Adopting COVID-19 Cuts, Law Firms Balance Image and Economics Image

Adopting COVID-19 Cuts, Law Firms Balance Image and Economics

Patrick Smith

Firms Are Applying Communications Lessons from the Great Recession As They Deliver Bad News During the Coronavirus Pandemic. As firms echo their response to the COVID-19 crisis, they are also showing they learned from the experiences of a decade ago, including the negative effects of delivering cuts unevenly, clumsily or with unnecessary secrecy.

Features

How to Make Working from Home, Work for You Image

How to Make Working from Home, Work for You

Sharon Meit Abrahams

In the legal industry it is time for a paradigm shift. Many firms have struggled with allowing people to work from home for a myriad of reasons. At this point, we have no choice. To help you get off on the right foot, the following are some best practices as we move forward into this new working environment.

Features

The State of Legal Finance in 2020 Image

The State of Legal Finance in 2020

Ari Kaplan

Legal industry analyst Ari Kaplan interviewed 32 lawyers from Finland, France, Hong Kong, Norway, Singapore, the UK and the U.S. about the evolution of legal finance. He also surveyed 20 in-house lawyers at Fortune 500 companies and 18 law firm lawyers from Australia, the Cayman Islands, France, Germany, Hong Kong, Italy, Singapore, Sweden, the UK, and the U.S. about emerging trends in legal finance. Below are some of his findings and what they indicate about the current state of the sector.

Features

Recovery Models for e-Discovery and Litigation Support Services that Make an Impact Image

Recovery Models for e-Discovery and Litigation Support Services that Make an Impact

Nathan Curtis

In 2019, Mattern went to the market to conduct its first deep dive into e-discovery and litigation support cost recovery in the 2020 e-Discovery and Litigation Support Cost Recovery Survey. Some of the results surprised us.

Features

Law Firm Mergers and Predictions for the Year 2020 Image

Law Firm Mergers and Predictions for the Year 2020

Marcus Dyer

2019 went down as another record year for law firm mergers. But what do the numbers teach us? Did the tendency to merge apply to law firms across the board? Is the merger mania likely to continue in 2020? What was the impetus for record number of mergers? This article breaks down the available data to answer these questions and attempts to give us a glimpse into the future.

Features

Outsourcing: How to Do Better Than Flipping a Coin Image

Outsourcing: How to Do Better Than Flipping a Coin

Rob Mattern

The legal industry is on the cusp of transformational change making the "siren song" of a successful outsourcing engagement ever more alluring: increase expertise and flexibility while lowering costs, and significantly mitigating risk.

Features

How Law Firms Are Overcoming New Business Development Challenges Image

How Law Firms Are Overcoming New Business Development Challenges

Julie Savarino

With the intense competition for new legal work, demands on lawyers' available time and the increasing discounts clients demand, it's getting harder for law firms operating under a billable-hour business model to support the consistent development of new legal work by investing in and maintaining a marketing department alone.

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