LawVision INSIGHTS Blog

Posts Tagged ‘law firm profitability’

Posted In: Business Development, Law Firm Resilience, Strategic Planning

Look to Firm Strategy for Guidance in Preparing Next Year’s Client Development Budget

It’s budget season – one of the toughest times for law firm client development leaders because they are asked to allocate a finite

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Posted In: Law Firm Resilience, Profitability

Navigating the Complex Landscape of 2024 Law Firm Rate Setting

“The moment you make a mistake in pricing, you’re eating into your reputation or your profits,” wisely stated Katherine Paine, emphasizing the critical

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Posted In: Artificial Intelligence, Law Firm Resilience

Your AI Legal Strategy Framework Part 3

“Design is Intelligence Made Visible” – Alina Wheeler Summary: Building a strategy focused on fast-moving topics like AI requires a different approach. Assumptions

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Posted In: Artificial Intelligence, Law Firm Resilience, Research, Intelligence & Data Science, Strategic Planning

Your AI Legal Strategy Framework Part 2

Your Key AI Enablers Summary. Building a strategy focusing on a fast-moving topic like AI requires a different rhythm. Assumptions made today may

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Posted In: Business Development, Law Firm Resilience, Strategic Planning

Three tips for CMOs who oversee both Marketing and Sales functions

Law firms are slowly but steadily adding client-facing business development and sales professionals to their ranks and very often placing them under the

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Posted In: Business Development, Legal Sales

Get to the Point (of Sale): Client-Facing Possibilities for Law Firm Professional Staff

“Commitment to help.” This is, according to BTI Consulting CEO Michael Rynowecer, one of the top attributes that buyers demand from their law

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Posted In: Law Firm Resilience, Strategic Planning, Uncategorized

What to Make of Today’s Legal Economics

Wherever the crowd goes, run in the other direction. They are always wrong. Charles Bukowski For many, today’s economics are confusing. Inflation is

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Posted In: Business Development, Law Firm Resilience, Strategic Planning, Uncategorized

The Golden Rule of New Client Acquisition

To protect existing revenue streams, successful law firms invest heavily in client service, satisfaction, and relationships. But what about future revenue streams (aka

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Posted In: Law Firm Resilience, Strategic Planning

What Does “Law Firm Strategy” Mean, Anyway?

I am often struck by just how frequently we encounter new law firms, particularly smaller to mid-sized firms, where when asked if the

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Posted In: Business Development, Law Firm Resilience, Leadership Support & Development, Legal Sales, Uncategorized

How Law Firm Leaders Help Their Teams Ring the Cash Register

As soon as a new lawyer joins a law firm, they get wind of the fact that acquiring new clients and finding new

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