Posted In: Artificial Intelligence, Law Firm Resilience, Research, Intelligence & Data Science, Strategic Planning
By Mark Medice on July 18, 2023
Your Key AI Enablers Summary. Building a strategy focusing on a fast-moving topic like AI requires a different rhythm. Assumptions made today may
Posted In: Artificial Intelligence, Law Firm Resilience, Leadership Support & Development, Research, Intelligence & Data Science, Strategic Planning
By Mark Medice on June 27, 2023
Separating the Signal from the Noise with the Help of “Bootleggers and Baptists” Summary. Law firm leaders face a mountain of AI[1] noise
Posted In: Law Firm Resilience, Strategic Planning, Uncategorized
By Mark Medice on May 23, 2023
Wherever the crowd goes, run in the other direction. They are always wrong. Charles Bukowski For many, today’s economics are confusing. Inflation is
Posted In: Pricing Strategy, Profitability, Uncategorized
By Mark Medice on March 21, 2023
Pricing is a vital topic today. And firms are often surprised when told that their current pricing approach costs them multiple millions of
Posted In: Law Firm Resilience, Pricing Strategy, Profitability, Uncategorized
By Mark Medice on January 31, 2023
Recent legal industry reports[1] (i.e., the Citi Advisory and Georgetown Report) have highlighted financial performance for law firms in 2022, which presented law
Posted In: Pricing Strategy, Profitability
By Mark Medice on October 31, 2022
Today’s blog is the last installment of a three-part series on Big Pricing Misses1. Pricing is one of your strongest drivers of profitability.
Posted In: Pricing Strategy, Profitability, Strategic Planning, Uncategorized
By Mark Medice on October 24, 2022
Today’s blog is part two of a three-part series on Big Pricing Misses[1]. Last week, I described the current precarious law firm rate-setting
Posted In: Pricing Strategy, Profitability, Uncategorized
By Mark Medice on October 16, 2022
As we look to close out 2022, it has never been more important to execute your pricing strategy well. The competitive market for
Posted In: Benchmarking Research, Compensation & Performance, Profitability
By Mark Medice on February 25, 2022
Great attention is paid to rate and pricing strategy for many law firms but, paradoxically, managing cash flow well is frequently overlooked. Imagine
Posted In: Compensation & Performance, Legal Process Improvement, Pricing Strategy, Profitability, Talent Strategy, Team Performance
By Mark Medice on February 16, 2022
While we are in the early days, 2022 has already delivered many gifts to us, including stock market volatility, high inflation, the advent