LawVision INSIGHTS Blog

Posts Tagged ‘law firm revenue’

Posted In: Law Firm Resilience, Practice Group Management, Profitability, Strategic Planning, Uncategorized

Practice Group Management: The Key to More Effective Use of Investment Time to Build Your Firm

Most firms today have embraced effective and empowered practice management for many reasons: improved engagement and retention of their valued professionals, greater profitability,

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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: 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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Posted In: Pricing Strategy, Profitability, Uncategorized

How to Think About Your Pricing Potential

Pricing is a vital topic today. And firms are often surprised when told that their current pricing approach costs them multiple millions of

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Posted In: Legal Project Management

The Gig is Up in 2023: Where’s Your LPM?

In the first full pandemic year, law firm pricing outpaced inflation. It seemed that law firms couldn’t lose. It’s a new day, though,

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Posted In: Law Firm Resilience, Pricing Strategy, Profitability, Uncategorized

Making the Right Moves in a Year of Uncertainty

Recent legal industry reports[1] (i.e., the Citi Advisory and Georgetown Report) have highlighted financial performance for law firms in 2022, which presented law

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Posted In: Law Firm Resilience, Mergers & Acquisitions, Strategic Planning, Uncategorized

Keeping Your Options Open: Preparing for Strategic Flexibility in a Competitive Legal Environment

While the post-pandemic merger pace is slower than many expected, law firm combinations are clearly on the rise.  More significantly, recent announcements suggest

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Posted In: Compensation & Performance, Leadership Support & Development, Strategic Planning

Rethinking Partner Compensation Systems in Light of COVID-19?

As we plan for reemergence from the current business restrictions necessitated by COVID-19, it might seem a bit early to think about what

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Posted In: Leadership Support & Development, Strategic Planning

The Legal Profession in a “Post-COVID” World – Part 3, The Changing Nature of the Firm

By Joe Altonji, Mike Short, Mark Medice and Yvonne Nath In our COVID-19 Recovery Playbook, we provided our thinking for firm leadership on

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