LawVision INSIGHTS Blog

Posted In: Law Firm Resilience, Strategic Planning

Succession vs. Independence: How Succession Challenges Could Accelerate Firm Combinations

Perhaps not surprisingly, two of the most frequent and challenging requests we currently receive are for assistance with “thinking through growth questions” (aka,

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Posted In: Pricing Strategy, Profitability, Uncategorized

How to Think About Your Pricing Potential

Pricing is a vital topic today. And firms are often surprised when told that their current pricing approach costs them multiple millions of

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Posted In: Legal Project Management

The Gig is Up in 2023: Where’s Your LPM?

In the first full pandemic year, law firm pricing outpaced inflation. It seemed that law firms couldn’t lose. It’s a new day, though,

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Posted In: Legal Project Management, Uncategorized

From the Frontlines: The Latest in Legal Project Management

In Midtown Manhattan, the temperatures soared to a spring-like 50 degrees when nearly 400 people attended this year’s Practising Law Institute (PLI) on

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Posted In: Law Firm Resilience, Mergers & Acquisitions, Strategic Planning, Uncategorized

A Developing Law Firm Merger Business Case – A Pure Talent Grab

I’ve seen a few merger negotiations recently that really caught my attention because they may foreshadow a new type of law firm merger

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Posted In: Business Development

Closing Business:  Four Stages of a Business Relationship

A number of scholars have studied relationship development and the science/psychology around building relationships. Whether the perspective is from a psychology viewpoint using

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Posted In: Uncategorized

Once Again, Law Firms Are Considering Sales Forces as a Way to Address Revenue Shortfalls

Demand for legal services is materially down after a few extremely flush years, according to a recent “state of the legal marketplace” presentation

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Posted In: Legal Project Management

Three Moves to Help Your Law Firm Thrive in 2023

According to most economists, we’re not in a recession, at least right now. However, the only certainty appears to be uncertainty. How will

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Posted In: Law Firm Resilience, Pricing Strategy, Profitability, Uncategorized

Making the Right Moves in a Year of Uncertainty

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

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Posted In: Law Firm Resilience, Mergers & Acquisitions, Strategic Planning, Uncategorized

Keeping Your Options Open: Preparing for Strategic Flexibility in a Competitive Legal Environment

While the post-pandemic merger pace is slower than many expected, law firm combinations are clearly on the rise.  More significantly, recent announcements suggest

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