Browsing the 'law firm profitability' tag

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Part-Time Lawyers Willing To Work For Cheap

Tuesday, September 6th, 2016

The ratio of legal talent and what it costs to hire it is extremely favorable for law firms.  That is the unmistakable conclusion I reached after reviewing applications for three […]

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photo of bottlenecks

The Myth of Feeling Indispensable

Wednesday, June 29th, 2016

Many lawyers and law firms have a difficult time scaling their practices.  Too often lawyers are the bottleneck in the decision-making process. I used to think that this was largely […]

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law firms mismanagement of profit margins

Why Law Firms Mismanage Their Profit Margins

Tuesday, May 31st, 2016

Too many lawyers don’t know how much profit they generate from different kinds of work they do on behalf of clients. When I ask potential clients questions about their margins, […]

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