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 […]
Read moreWednesday, 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 […]
Read moreWednesday, 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 […]
Read moreWednesday, 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 […]
Read moreWednesday, 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 […]
Read moreWednesday, September 9th, 2020
As we wrote about last week, COVID-19 probably isn’t going away in the next few months. Beyond adjusting your firm’s workflow to a fully or partially remote system, there are […]
Read moreWednesday, September 2nd, 2020
The shift to working remotely came suddenly for most without much lead-time for planning. Law firms adapted to the new normal thinking it would be a few months or maybe […]
Read moreWednesday, August 19th, 2020
California has joined the ranks of states temporarily allowing law school graduates to practice under the supervision of licensed attorneys without first passing the bar exam. This unprecedented situation gives […]
Read moreWednesday, July 22nd, 2020
People who see themselves as successful are especially susceptible to overconfidence. Business owners often fall into this category, knowing how optimism has served them well as entrepreneurs. But in uncertain […]
Read moreWednesday, July 1st, 2020
As we reach the mid-point of the calendar year, law firms should be evaluating key financial metrics. It’s a great time to begin tax planning for the full year and […]
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