Lead Law Firm Matters More Strategically…and Profitably
A seasoned managing partner of a leading law firm once told us that any smart lawyer with a list could be a project manager. It was effective back then. But does it still work today? That was, after all, before market dynamics began to significantly change how legal services were delivered.
A legal pad with a to-do list may have been enough before clients started asking where their legal spend was going.
Amidst always present rate pressures, law firm write-offs and write-downs have surged. That’s why clients are demanding a level of transparency and accountability like never before. Legal professionals need more strategic methods of managing matters and delivering legal services.
Smart management techniques make work less chaotic for firms and deliver greater value to clients.
Knowing what clients are willing to pay for means knowing how to serve them best. Clients assume the lawyers they hire do excellent legal work. The firms that win in the current competitive arena will do two additional things exceptionally well: (1) deliver outstanding service that alleviates client pain points, and (2) manage precisely to client expectations, including budget, outcomes, and timelines.
By adapting to the evolving legal environment with a deliberate and structured approach to legal project management (LPM) and legal process improvement (LPI), your firm can dramatically increase its performance. Today, this goes beyond efficiency. It’s about optimizing resources, engaging and retaining talent, unleashing the power of teams, and making the client’s life better.
Call to Action
A deliberate approach to legal project management (LPM) and legal process improvement (LPI) beats a simple list hands down. So where do you start?
Don’t wait. Start with LPM or LPI this year and you’ll see an immediate boost in your legal team’s ability to work together, reduce unnecessary stress, plan resources, streamline workflow, enhance delivery of legal service, monitor costs, reduce write-offs, mitigate risks, and provide transparency to the client. The end result? Greater efficiency, increased client satisfaction and lawyer engagement, and higher profitability… all good reasons to contact us today for your no-obligation consultation.
