Posted In: Legal Project Management
A Growing LPM Community – Part 1 of a Series
Like many good ideas, it started with a few early adopters. But now legal project management is more than just the flavor of
LawVision INSIGHTS Blog
Archive for July, 2021
Posted In: Legal Project Management
LPM: Easing into Innovation
Innovate or die, they said. Well, you have a chief innovation officer, don’t you? Whether you do or you don’t, it turns out
Posted In: ALSP, NewLaw Business Models, Profitability
Commoditized Work Can be a Gold Mine…Particularly with the Use of an ALSP
By Mike Short and Yvonne Nath Within many law firms, any variations on the word “commoditized” (i.e., commodity, commodification, commodified) are very bad
Posted In: ALSP, NewLaw Business Models, Profitability
Law Firms Can Use ALSPs to Command an Additional 30% or More Profit Margin
By Yvonne Nath and Mike Short Take one type of client work for which you are competing on price. Pick something routine. Preferably work
Posted In: Profitability
3rd Annual Law Firm Profitability Survey: Firms are Pressing Harder on New Profit Projects Anticipating the Post-Pandemic Environment
Iridium Technology and LawVision recently released the results of our 3rd annual law firm profitability survey that assessed the sentiment and performance of
Posted In: Business Development, Research, Intelligence & Data Science
Law Firm Business Development — A Sometime-Overlooked Competitive Advantage: Research
When asked why our accounting firm service team had won the competition for a large tax engagement at a global hotel chain, the
Posted In: Culture & Diversity, Leadership Support & Development
Effective Leadership in 2021 and Beyond
This article was first published June 29, 2021 in PinHawk’s Legal Administrator Daily. There is nothing more rewarding for business leaders than helping
Posted In: Profitability
Your Realization is Wrong and What to Do About It
Realization, the long-standing hallmark of law firm performance, is ready for a makeover. While the metric is not inherently flawed, its calculation and