Posted In: Compensation & Performance, Law Firm Resilience, Organizational Structure
By Michael D. Short on February 13, 2024
It seems like most discussions of law firm productivity these days – from Partners to paralegals – include references to declining billable hours,
Posted In: Compensation & Performance, Organizational Structure, Succession Planning, Talent Strategy, Uncategorized
By Michael D. Short on May 16, 2023
Much has been written about the pressures developing, both within law firms and more broadly, due to the dramatically different perspectives and expectations
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
Posted In: Compensation & Performance, Profitability, Talent Strategy
By Joseph B. Altonji on February 10, 2022
There may be no single economic challenge facing law firms today bigger than the current war for talent. Driven by transactional practices, the
Posted In: Compensation & Performance, Profitability, Team Performance
By Joseph B. Altonji on July 6, 2020
The current COVID crisis will have the effect of accelerating a trend that has been on the horizon for some time – moving
Posted In: Compensation & Performance, Leadership Support & Development, Strategic Planning
By Joseph B. Altonji on May 12, 2020
As we plan for reemergence from the current business restrictions necessitated by COVID-19, it might seem a bit early to think about what
Posted In: Compensation & Performance, Culture & Diversity, Leadership Support & Development, Organizational Structure, Team Performance
By LawVision on February 25, 2020
Law firms that operate under the premise that money is the top motivator for shareholders are likely underachieving, wasting the firm’s potential, and
Posted In: Compensation & Performance, Pricing Strategy, Profitability, Research, Intelligence & Data Science
By Mark Medice on February 11, 2020
For many law firms, 2019 was a good year, as improving demand and effective pricing strategies supported bottom-line results. As we look to
Posted In: Compensation & Performance, Culture & Diversity, Leadership Support & Development, Profitability, Research, Intelligence & Data Science, Strategic Planning, Succession Planning
By Michael D. Short on January 30, 2020
Before the calendar slips too far into the new year, I want to share five important emerging trends or steps for law firm