Tags » Law Practice Support

Partners: Are you tired of funding someone else's retirement?

It is that time of year when bonuses are coming, and many non-equity or junior partners may be asking themselves this very question.

Many Biglaw firms can’t get their senior partners to retire or to pass along their clients to younger partners fast enough. 255 more words


How Legal Research Can Improve Legal Project Management

With the objective of redesigning legal work processes to achieve greater efficiency and cost-effectiveness, firms are looking at various strategies such as instituting project management training as well as evaluating the kinds of legal professionals needed for certain kinds of work. 395 more words

Legal News

Are Law Firms Really Time Machines

Yes and No!

I want to suggest to you that law firms are time machines in one sense, but not in another.  The majority of law firms measure their services using time and build business plans and targets based on time.  1,298 more words

What You Need to Know In Order to Sell a Law Practice-Lawyerist

Roy Ginsburg:

For years, selling a law practice was prohibited because ethics regulators believed clients, files, and a firm’s good will were not something that could be sold.  124 more words

Practice Tips & Helpers

Changing Market

There is no doubt that the recent economic downturn has forever changed legal markets. Like most businesses, law firms have sought to reduce costs whenever possible. 158 more words


"Into Africa: Opportunities and Risks in the African Legal Market"

As a significant number of multi-national companies move into Africa which is now seen as the new frontier, it is becoming apparent that the gaps that exist in commercial legal services need to be filled. 130 more words


Lawyers: Ask for the Order!

Mike O’Horo of RainmakerVT posted a great article, “Lead-generation is not the same as business-generation”.  See here. The article notes how the whole process of marketing as most law firms do it is essentially worthless if you “don’t ask for the order” and make the sale.   320 more words