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Browsing the 'Law Firm Management' category

Why Your Firm’s Lawyers Should Make Revenue Projections Right Now

Wednesday, June 30th, 2021

At the end of 2021, managing partners will sum up their law firms’ revenues to determine areas of focus for the next fiscal year, but there’s something individual lawyers can […]

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The Boutique Firm Business Plan for 2021

Thursday, June 17th, 2021

As managing partners and practice group leaders weigh the costs and benefits of returning to their offices, they should take advantage of the next six months to modernize their business […]

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Should All Your Employees Return to the Office?

Wednesday, June 9th, 2021

With vaccination rates rising and states reducing restrictions around COVID-19, discussion in the legal services industry has turned to whether and to what extent law firms will require their people […]

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Certain Hours Are More Valuable Than Billable Hours

Wednesday, June 2nd, 2021

Many firms continue to act as if billing a particular number of hours is the most valuable use of every attorney’s time. In the grand scheme of things, however, devoting […]

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The Most Important Business Development Strategy for Solo Practitioners

Wednesday, March 24th, 2021

According to a report from Clio entitled “Legal Trends for Solo Law Firms,” revenues for solo law practices fell by 5-7% more than those of larger firms at the start […]

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Train Your Lawyers to Discuss Fees

Wednesday, January 13th, 2021

Managing partners and other law firm leaders can be reluctant to allow junior lawyers to discuss fees with potential clients. One of the recurring concerns is that the associate might […]

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The Best Way for Law Firms to Increase Their Profitability in 2021

Wednesday, January 6th, 2021

If you want to increase law firm profitability, you have to track it relentlessly and share the results of your analysis widely.   Although profits-per-partner has become a widely known […]

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What Law Firms Need to Know About Crisis Communications

Wednesday, December 2nd, 2020

Boies Schiller Flexner has been the subject of a steady stream of articles over the past year which suggest the firm might be facing some cash flow issues. Bloomberg reported […]

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Your Most Important Hire in 2021 Might Not Be a Lawyer

Wednesday, October 14th, 2020

The changes that have started to develop this year will manifest themselves more clearly in 2021. This includes the reduced staffing levels we’ve seen as firms became focused on cutting […]

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What Firms Can Do to Help Staff With School-Aged Children

Wednesday, September 23rd, 2020

There is compelling anecdotal evidence that workers with school-aged children are having an especially hard time dealing with the present situation. When the pandemic began, it was the virus itself […]

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