Law Firm Best Practices Blog

Divvying up the Fee Dollar: Building an Economic Model for Your Law Firm

on Apr 6, 2019 1:33:13 PM
Law firms that understand their economics are more likely to capture and maintain an edge in today’s highly competitive legal market. Optimizing their economic model, or tethering it to the market, achieves even greater stability and larger profits f...
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Market Segmentation and Buyer Personas for the Legal Industry

on Mar 26, 2019 12:35:00 PM
  Market segmentation and buyer personas help attorneys and firms to identify target segments and ideal clients. In getting these factors right, your law firm can influence client attitudes about your brand. Also with this knowledge, your law firm ca...
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Billing Attorney Origination Credit Essentials

on Mar 15, 2019 7:40:00 AM
Most law firms have a way of categorizing attorney efforts within a client relationship. A typical client account may be organized around an Originating Attorney, Billing Attorney, and Working Attorney.  
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Market Segmentation and Buyer Personas for Effective Law Firm Marketing

on Feb 28, 2019 7:34:19 AM
The marketing of legal services is often viewed as being vastly different from the marketing of other businesses.  Some consider legal marketing so unique and full of nuance that it transcends marketing best practices and disciplines. We disagree.  
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Law Firm Capitalization

on Feb 12, 2019 9:34:04 AM
  Capitalizing a law firm is typically accomplished in the following ways Paid in Capital; Withheld and Undistributed Earnings; Debt; Trade Credit
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Maintaining a Competitive Law Firm

on Jan 17, 2019 9:03:00 AM
    We have seen countless examples of firms who believe they can operate independently of the market. Maybe some can, but mostly, once a firm loses its edge, it is nearly impossible to get it back. Firm’s who lose their ability to compete often stru...
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