Posted In: Profitability
Calling Messrs. Jekyll and Hyde – Profitability Stretches for 2021
As we enter December looking to conclude what surely is going down as the most bizarre year in our lives, we look to
LawVision INSIGHTS Blog
Archive for Profitability Category
Posted In: NewLaw Business Models, Organizational Structure, Profitability
Captive LPOs: The Right Type of Subsidiary for Your Law Firm?
This article was first published on September 23, 2020 by law.com’s Legaltech News: https://www.law.com/legaltechnews/2020/09/23/captive-lpos-the-right-type-of-subsidiary-for-your-law-firm/ A wholly owned Captive LPO will be more closely
Posted In: Profitability, Research, Intelligence & Data Science
Profitability Signaling through Smart Reporting
Your Performance Orientation In my last blog entitled Your Financial Performance Scorecard (link), I discussed four profit areas for law firms: (1) successful
Posted In: Legal Project Management, Profitability
LPM is Change for the New Economic Reality: Part Two of a Four-Part Series
This article was originally published through PinHawk’s Legal Administrator Daily on May 6, 2020 What’s the Big Deal About Processes In Part One of
Posted In: Client Service, Legal Project Management, Profitability
Driving Client Service and Improved Profitability through LPM
Despite social distancing, working remotely, and the reeling economic environment, law firms must continue to provide exceptional service to their clients. Even as
Posted In: Compensation & Performance, Profitability, Team Performance
Linking Profitability to Law Firm Partner Compensation: Walking the Line Between Acceleration and Self Destruction
The current COVID crisis will have the effect of accelerating a trend that has been on the horizon for some time – moving
Posted In: Pricing Strategy, Profitability, Research, Intelligence & Data Science
Your Financial Performance Scorecard
Financial Performance Diagnostic Metrics and accountability are essential parts of your law firm’s performance. But not all are created equal, nor do all
Posted In: Pricing Strategy, Profitability, Research, Intelligence & Data Science
Key Findings from Our Profitability Survey
Profitability Survey Background To help law firms think about profitability strategies and best practices, we recently finalized our second annual profitability survey with
Posted In: Pricing Strategy, Profitability, Research, Intelligence & Data Science, Strategic Planning
Data-Driven Law Firm Financial Performance and Profitability Analytics for the Next Wave
Economic Preamble – Setting the Scene In January, I conducted a law firm sentiment survey inquiring how firms performed in 2019 and whether
Posted In: Pricing Strategy, Profitability
Pricing and Profitability During Uncertain Times
Industry events related to the Covid-19 pandemic continue to unfold before our eyes. But law firms and other businesses soldier on (mostly from