PerformLaw

Law Firm Best Practices Blog

Billing Process Inefficiencies & Improvements

on May 14, 2018 11:09:58 AM

The billing process is one of the key pillars of law firm success with impacts on financial and organizational health. It drives the performance of multiple important KPIs: cash flow (liquidity), A/R turnaround, billing and collection rates, and overall profitability.

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Practice Planning: How We Do It! (Part 3)

on May 11, 2018 1:42:22 PM

This is the third part of our Practice Planning series.  To catch up on the other parts , click on the following links:

Part 1:  Better Associate Performance Using a Structured Planning Process

Part 2:  Practice Planning for Lawyers: Our Approach


 

PART 3: PUTTING IT ALL TOGETHER - HOW WE DO IT!

 

Performlaw’s practice plan engagements focus on the development of systems to maximize income-generating and strategic time investments. These engagements are aimed at creating high-performance lawyers who positively impact the culture of the firm. 

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Practice Planning for Lawyers: Our Approach

on May 8, 2018 11:15:00 AM

For most lawyers, the first 10 years of a developing a legal practice defines the next 20. While developing marketable skills and practice area knowledge, lawyers are also managing their income needs and personal commitments. All of these factors influence the future of a lawyer's practice. When these factors conflict with one another, they can create stress and unintended outcomes. Also having a significant impact on a lawyer’s career is his or her ability and willingness to take risks.

 

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Better Associate Performance Using a Structured Practice Planning Process

on May 4, 2018 2:12:38 PM

 Practice planning is a process of organizing and prioritizing an individual lawyer’s billable and non-billable time investments. Each practice plan considers the firm’s needs and performance expectations along with the individual lawyer’s ability to meet these expectations.  Usually, a lawyer’s first five years of practicing are heavily influenced by law firm members, whereas afterward, it becomes a mix of firm opportunities and personal choices. 

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3 Phases of Law Firm Marketing System Adoption

on Apr 18, 2018 2:54:56 PM

Looking at the big picture of legal marketing and client relationship management, there are 3 major phases involved in adopting an enterprise marketing system.  These 3 phases that will be reviewed include:

 

Phase 1: Marketing Plan Development

Phase 2: Activity & Budget Schedule and Contact Organization

Phase 3: Automation Systems

 

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Boost Firm Performance With Intrinsic Motivation

on Mar 29, 2018 11:03:19 AM

While the experience and skills of law firm staff and attorneys factor into how they perform at work, a law firm’s management effectiveness greatly influences overall workplace performance,  especially in the long-term. 

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law firm management concepts blog discusses relevant law firm topics

The Law Firm Management Concepts blog includes conceptual posts on important issues to law firms. These posts will correspond  to the posts found on our main blog ("Law Firm Best Practices") which offers detailed analysis and advice for putting concepts into practice.

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