Law Firm Best Practices Blog

Is Your Firm a Disciplined Law Firm?

on Jun 5, 2017 10:34:00 AM
Now at the midpoint of the year, how are things going?  Well, I hope.   At this point, it may be difficult to determine how successful the year will be for the firm. While success may be defined in a number of ways, most everyone’s definition include...
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The Legal Market is Fine for Those Who Adapt

on Jun 9, 2015 12:01:43 PM
In far too many instances, I hear firm management and partners attribute underperformance to a tight legal market. Yes, the legal market may be tight, but I believe it is equally important to acknowledge that underperforming firms and partners could ...
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Client Profitability: Analysis to Action

on Apr 13, 2015 10:55:05 AM
Client profitability analysis is gaining popularity and acceptance. The ability to allocate expenses and generate profitability reporting at the client or matter level has become a leading selling feature for a number of the law firm management softw...
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Dealing With An Outlier

on Feb 25, 2015 11:02:52 AM
In the small to mid-sized market, it is not unusual to encounter a firm that consists of relatively similar practices in terms of volume and rate coupled with one extraordinary practice. I refer to this one extraordinary practice as an outlier. For f...
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Setting Legal Fees: Factors to Consider

on Dec 18, 2014 12:13:44 PM
The following guest post was written by Craig Hollett, a leading commercial litigator at Bowen Buchbinder Vilensky. The post includes Craig’s response to a question regarding the factors he considers when setting legal fees.
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Alternative Fee Agreements: Is time keeping important?

on Dec 16, 2014 10:10:42 AM
Is time keeping important when alternative fee agreements are in place? My experience has shown that smaller practices without much leverage benefit less from time accounting. These practices tend to deduct overhead from the fees collected, and if th...
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