An interesting, but not surprising, statistic brought out in the book was that only 12 % of senior
law firm management believe that technology contributes to their law firms revenue growth.
Not exact matches
Gregg Polsky, a University of North Carolina
Law School professor, who has written a special report on PE firm fee conversions and the tax issue, said he believes the management fee waivers should be against the l
Law School professor, who has written a special report on PE
firm fee conversions and the tax issue, said he
believes the
management fee waivers should be against the
lawlaw.
ACC
believes that many traditional
law firm business models and many of the approaches to lawyer training and cost
management are not aligned with what corporate clients want and need: value - driven, high - quality legal services that deliver solutions for a reasonable cost and develop lawyers as counselors (not just content - providers), advocates (not just process - doers) and professional partners.
While
law firms are increasingly comfortable with bringing in external advisers, some partners still
believe such a move is a sign of weak
management
Organisations previously may have sent one representative, but we
believe LawFest now provides something valuable for lawyers, support staff and
management — from within
law firms, corporate organisations, or government bodies.
I
believe this
management technique has been widely overlooked by
law firm leaders, based on my 30 years» experience as a senior partner with
management experience at an AmLaw 20
firm in New York and my time as a consultant in this field.
In the course of helping seven
law departments conduct competitive bids for legal services using RFPs, Rees Morrison of Law Department Management believes he has learned a thing or two about how law firms should respo
law departments conduct competitive bids for legal services using RFPs, Rees Morrison of
Law Department Management believes he has learned a thing or two about how law firms should respo
Law Department
Management believes he has learned a thing or two about how
law firms should respo
law firms should respond.
Through collaboration and a willingness to change, the ACC
believe that
law departments can use «
management practices that enhance the value of legal service spending; and that
law firms can reduce their costs to corporate clients and still maintain strong profitability».
In addition to our core work with
law firms, companies and directors, and our particular expertise in City whistle - blowing cases, we
believe there is a growing market for the specialist and expert advice Fox offers, not least from the increasing number of businesses in the financial sector that are set up as LLPs, notably hedge funds, venture capital, and private equity and asset
management.»
Part I of this series (029) laid out some pervasive problems with
law firm panel arrangements, and Part II (030) outlined the basics of how we
believe those problems can be overcome through correct structure and active
management.
This issue of
Management Solutions examines three trends that I believe are permanent and essential for any law firm that hopes to thrive in the future: restoring clients» trust, building competencies and improving project m
Management Solutions examines three trends that I
believe are permanent and essential for any
law firm that hopes to thrive in the future: restoring clients» trust, building competencies and improving project
managementmanagement.
Flaherty
believes the epicenter of modern
law practice
management is destined to move out of large
law firms and into corporate legal departments.
This final installment will go deeper into what we
believe are the most important aspects of a
law firm panel approach: the
management practices that keep
law firms motivated, focus
firms on innovation and strong outcomes, and result in high quality and stable or declining costs over time.
We
believe there are three key
management practices necessary to getting the most out of a
law firm panel: