Posted In: Business Development, Law Firm Resilience, Profitability
By Silvia L. Coulter on April 25, 2023
We are seeing demand for legal services remains somewhat flat if not a very slight uptick in demand. New entrants into some of
Posted In: Law Firm Resilience, Strategic Planning
By Joseph B. Altonji on March 28, 2023
Perhaps not surprisingly, two of the most frequent and challenging requests we currently receive are for assistance with “thinking through growth questions” (aka,
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, Mergers & Acquisitions, Strategic Planning, Uncategorized
By Michael D. Short on February 28, 2023
I’ve seen a few merger negotiations recently that really caught my attention because they may foreshadow a new type of law firm merger
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: Law Firm Resilience, Mergers & Acquisitions, Strategic Planning, Uncategorized
By Joseph B. Altonji on January 24, 2023
While the post-pandemic merger pace is slower than many expected, law firm combinations are clearly on the rise. More significantly, recent announcements suggest
Posted In: Law Firm Resilience, Strategic Planning
By Joseph B. Altonji on December 27, 2022
As we enter the final countdown to the end of 2022 – hard to believe another year has come and gone! – there
Posted In: Business Development, Strategic Planning, Uncategorized
By Jim Cranston on November 29, 2022
I recall an interview with Alabama’s head football coach Nick Saban several years ago. Minutes after winning the national championship game he stated:
Posted In: Business Development, Legal Sales, Profitability
By Steven M. Bell on November 15, 2022
“We can go about selling in a systematic way because there are repeatable processes in both buying and selling.” This is an observation
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.