Posted In: Legal Project Management, Profitability
By Carla Landry on February 21, 2022
Legal project management is all about improving your outcomes. Many firms have an enviable client roster, a strong track record, and deep practice
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: NewLaw Business Models, Pricing Strategy, Profitability, Strategic Planning, Talent Strategy
By Michael D. Short on February 1, 2022
In the midst of a global pandemic, the legal industry has remained incredibly resilient as the demand for services – particularly deal support
Posted In: ALSP, Law Firm Resilience, Profitability, Strategic Planning
By LawVision on August 17, 2021
“World trade means competition from anywhere; advancing technology encourages cross-industry competition. Consequently, strategic planning must consider who our future competitors will be, not
Posted In: ALSP, NewLaw Business Models, Profitability
By Michael D. Short on July 20, 2021
By Mike Short and Yvonne Nath Within many law firms, any variations on the word “commoditized” (i.e., commodity, commodification, commodified) are very bad
Posted In: ALSP, NewLaw Business Models, Profitability
By LawVision on July 19, 2021
By Yvonne Nath and Mike Short Take one type of client work for which you are competing on price. Pick something routine. Preferably work
Posted In: Profitability
By Mark Medice on July 19, 2021
Iridium Technology and LawVision recently released the results of our 3rd annual law firm profitability survey that assessed the sentiment and performance of
Posted In: Profitability
By Mark Medice on July 6, 2021
Realization, the long-standing hallmark of law firm performance, is ready for a makeover. While the metric is not inherently flawed, its calculation and
Posted In: Profitability
By Mark Medice on May 17, 2021
As happens in personal life (and certainly with recent headlines), law firm leaders frequently get side-tracked firefighting, acting on urgent tasks that distract