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
Posted In: Profitability
By Joseph B. Altonji on April 27, 2021
A few weeks ago, I addressed “What’s Next for the Legal World?” in a post focused on critical challenges facing law firms. In
Posted In: ALSP, Client Service, NewLaw Business Models, Pricing Strategy, Profitability
By LawVision on April 26, 2021
This article was first published April 20, 2021 in PinHawk’s Legal Administrator Daily. A good friend of mine who’s founded and served as
Posted In: Culture & Diversity, Law Firm Resilience, Leadership Support & Development, Profitability, Strategic Planning, Team Performance
By Joseph B. Altonji on March 30, 2021
Through the heroic efforts of many people in the medical and pharmaceutical worlds, the United States and other countries are on the brink
Posted In: Profitability, Uncategorized
By Mark Medice on March 22, 2021
Changing Legal Last week I announced my role as a co-founding member in the Changing Legal (CL) think tank (link). CL