LawVision INSIGHTS Blog

Posts Tagged ‘profitability’

Posted In: Artificial Intelligence, Law Firm Resilience, Pricing Strategy

The Future of Law Firm Pricing: AI, Time, and the Quest for Genuine Value

In my last two pieces, we navigated the intricate landscape of the 2024 law firm rate setting and broached the powerful bond between

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Posted In: Business Development, Client Service, Law Firm Resilience, Leadership Support & Development, Research, Intelligence & Data Science, Strategic Planning

Be an Info Hero at Your Firm: How to Propel Your Career by Learning Basic Business Analysis

Law firms’ increasing focus on user experience creates a tremendous professional opportunity for law firm marketers and business developers. For a long time,

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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: 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: Leadership Support & Development, Strategic Planning

The Legal Profession in a “Post-COVID” World – Part 2, The Role of The Client

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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Posted In: LawVision News, Pricing Strategy, Profitability

LawVision and Clocktimizer Announce Strategic Alliance

LawVision announces their strategic alliance with Clocktimizer, a market leader in pricing, budgeting, and business intelligence tools for law firms. The results from

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Posted In: Compensation & Performance, Pricing Strategy, Profitability, Research, Intelligence & Data Science

10 Key Traits of Law Firm Profitability Execution

For many law firms, 2019 was a good year, as improving demand and effective pricing strategies supported bottom-line results. As we look to

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Posted In: Legal Project Management

The Evolution of LPM – Performance & Expectations

A year ago, I wrote that virtually every article in the legal press mentioned the need for new service delivery approaches, including legal project

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Posted In: Strategic Planning

Strategy and the 4th Quarter:  Can Law Firms Use This Time to Advance the Strategic Agenda?

It’s hard to believe but it’s here – the fourth quarter.  The time when most law firms become intensely focused on the immediate,

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Posted In: Strategic Planning

The “Soft” Drivers of Profitability

One of the many painful lessons learned by the legal industry from the recession is that the key to economic success is a

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