LawVision INSIGHTS Blog

Posted In: Law Firm Resilience, Pricing Strategy, Profitability

Navigating Rate Trends for 2024: Strategies for Pricing Success

Contrary to popular perception, law firm billing rates do not exhibit a steady upward trajectory. Instead, a closer examination of long-term trends reveals

Read Full Article »

Posted In: Legal Project Management

Is Charisma Necessary for LPM Leaders? 

Charisma, like extroversion, may be highly overrated. You don’t need to be charismatic to inspire people, at least according to leadership consultant Simon

Read Full Article »

Posted In: Business Development, Client Service, Law Firm Resilience, Legal Sales, Strategic Planning

Sharpening Your Law Firm’s Industry-Based Sales Strategy

Over the last two decades there has been a proliferation of practice groups at most firms. Some are practice-specific, fewer are industry-focused, and

Read Full Article »

Posted In: Law Firm Resilience, Strategic Planning, Uncategorized

In Times of Planning Uncertainty, Fall Back on the Basics

As we all gaze into our crystal balls and try to predict what will happen in 2024 with any degree of certainty, our

Read Full Article »

Posted In: Law Firm Resilience, Pricing Strategy, Profitability

The Nuances of Multi-Tiered Rate Structures: Unraveling the Complexity

I occasionally receive questions about multi-tiered rate structures, which prompted my focus this week. RATE TIER STRATEGY DEFINED Rate tiering is a pricing

Read Full Article »

Posted In: Law Firm Resilience, Legal Project Management

The Inaugural Running Legal Like a Business Conference

This year marked the beginning of a new conference*: the first-time-ever gathering of a combined 300 plus general counsel, in-house lawyers, and legal

Read Full Article »

Posted In: Business Development

Selling Legal Services: The Art of Effective Questioning

In the realm of legal services, successful client acquisition isn’t about diving straight into a sales pitch. Picture this: You walk into a

Read Full Article »

Posted In: Law Firm Resilience, Legal Project Management

LPM Lessons from the Barbie Movie. Yes, Barbie.

There are all kinds of reasons to have a visceral “oh hell no” reaction to a production about Barbie, the least of which

Read Full Article »

Posted In: Culture & Diversity, Law Firm Resilience, Leadership Support & Development, Strategic Planning

When Culture and Strategy Clash

“Culture eats strategy for breakfast.” – Peter Drucker We’ve all heard this famous admonition from the founder of management consulting, but what does it

Read Full Article »

Posted In: Business Development, Law Firm Resilience

Business Development Strategy: When Your Client Loves Another Firm Better

Elise, a partner in a Midwest-based global litigation firm, seemed somewhat desperate when I spoke with her. In the past five months she

Read Full Article »