Sentences with phrase «average law firm»

Average law firm profitability increased this year by more than five percent to $ 260,120 per lawyer.

To get Bloomberg's untested new legal product, customers had to pay $ 18,000 a year for a Wall Street data service — most of which the average law firm didn't want.

Gender and Family in the Ivory Tower, Mary Ann Mason reports that while women in so - called «fast - track professions» have fewer children than does the average American woman, female faculty are almost half as likely as female physicians and slightly less likely than female lawyers to have a child at all, even though academia offers far more flexible hours than the average law firm or hospital.

Drapey jersey is on virtually every mall store rack, but it's not substantial or formal enough for the average law firm.

What are the implications for the average law firm?

Using an estimated hourly rate of $ 250 for a typical junior attorney at a law firm, the total fee charged by the average law firm to produce the above outputs is $ 2,000 - $ 5,000.

And no one has ever accused your average law firm of being an upbeat, can - do workplace.

Few workplaces are set up as poorly for good communication as is the average law firm, where lawyers are closeted in their own offices and have the chance to talk only to people they are working with directly or who are situated en route to the kitchen or the washroom.

Research has revealed that the average law firm spends up to 3 percent of its annual revenues on printing and document output, with around 30 percent of these costs going toward toner and maintenance fees.

The average law firm with multiple practice areas will have a number of different profit ranges.Ranking clients in a number of different ways including percent profit, actual profit dollars contributed, gross fees generated and overhead absorbed all provide insight into the value of a relationship.

In the average law firm, if there's a firm marketing budget, it's lean and includes everything from event tickets to holiday cards.

(According to LexisNexis, the average law firm waits 83 days after bills are sent out to get paid.)

A journalist at an average law firm would last as long as it takes the journalist to make a complimentary reference about a leading lawyer who happens to be the hated rival of the firm's top rainmaker.

Try to imagine that philosophy adopted in your average law firm; it's not easy.

Unfortunately, the law firm failures of the last few years have graphically demonstrated to everyone that the average law firm typically borrows for four basic reasons, two of which can be, but are not always supportable, one of which is supportable if limited to the purpose of being a short term reserve, and one of which should never be supportable:

With ClientSide's intuitive platform, the average law firm reduces the amount of time spent on administrative signing tasks by eight hours per administrator each month.

Although the average law firm reportedly spends 3.4 % of its revenue on marketing, there are no hard and fast rules on this.

And — unlike the average law firm — they're more likely to view their own business in terms of earnings - per - share than profit - per -(law)- partner.

I've had growing doubts about my multi-generational thesis for awhile, but the decisive blow against it was struck by this post at Adam Smith Esq. wherein Bruce MacEwen and Janet Stanton tick off all the reasons why the average law firm apparently stays in business only 40 years:

I think power in the average law firm resides with its top salespeople only because everyone else in the firm believes that it does.

Does this change anything for the average law firm?

In order to make the above discussion less abstract, it is useful to examine a few of the main categories of risk that may be applicable to an average law firm in Canada and that would be considered in the risk assessment step set out above.

I'd like to also suggest inspiring them to join the cause and help lead the change process, but I'm afraid my view of the average law firm partner is too jaded to allow for that.

With the average law firm dealing with at least a half dozen different client - specified vendor systems — each with a different login, invoicing workflow, and billing guidelines — manually processing e-bills is a complicated, costly, and labor - intensive process.

Ask your average law firm what they're looking for when they go into law schools to find new articling students or associates, and they'll give you depressingly similar answers: high academic achievers who present well in high - pressure interview situations.

If average users can rely on standard anti-virus tools, it will offer peace of mind to the average law firm at a practical price.

According to Lexis Nexis, the average law firm waits 83 days to get paid after an invoice has been issued.

In 2015, the average law firm grew their rates by 2.7 %.