LawVision INSIGHTS Blog

Posts Tagged ‘strategic planning’

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: 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: 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: Business Development, Legal Sales

Law Firm Sales: Prepare with the Best Intel

A number of factors continue to transform the legal industry, including: a more sophisticated legal services buyer as experienced partners switch sides to

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Posted In: Law Firm Resilience, Strategic Planning

A Year of Shifting Winds – and Some Thoughts for the Year to Come

As we enter the final countdown to the end of 2022 – hard to believe another year has come and gone! – there

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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 4, Preparing the Firm to Survive and Thrive Through Future Disruptions

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: 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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