Law firm news continues to include reports of record profits for some — small and large alike. But the news is far from all good. The reports of desperate struggles for survival are regular; and far too frequently, the headlines include news of the latest law firm closure.
In the midst of it all, law
As we enter the New Year, chances are good you’re dealing with a predictable slate of demands on your time: setting compensation and budgets; managing details associated with the latest departure; and interviewing this week’s lateral prospect. All important activities, and worthy of serious attention; but none of these is likely to make the firm
One of, if not the key responsibility of a law firm leader is ensuring that the viability of the firm is not threatened. No doubt, one of the primary threats to law firms today is excessive debt.
Clearly it is a rare business that functions without incorporating some form(s) of debt as part of
Every single business, if it is around long enough, will face a time of crisis. Law firms are no exception.
Whether a series or a single event, crisis comes with a handful of pivotal moments. Mishandled, these moments can threaten the very existence of any organization.
If you’re managing a law firm you know that
When the subject is your internet service, bandwidth refers to how much information your provider will push to you in a specified period of time. Need more information faster? More bandwidth is as close as a bigger check.
But when we’re talking about a person’s total work capacity — how much information you can take
Somewhere along the line the idea of being held accountable began to be viewed as punitive. Paying the price.
Certainly this is part of the equation; but accountability is a much greater concept than merely calling one (or a group) to account for decisions and deeds.
Today’s most effective leaders know this, and successfully
I am very pleased that Eric Fletcher has agreed to provide this insightful guest post. Eric is an extraordinary law firm marketing professional who leads marketing and BD at Liskow & Lewis, is the author of the Marketing Brain Fodder blog, and is the co-author of 8 Mandates for Social Media Marketing Success
To what degree do you and your partners share aspirations? The answer may, more than anything else, be an indicator of your future.
Few would deny that the legal market is increasingly complex and competitive. Many suggest the model for success is changing.
But whether you are one of two or three partners launching a
Recent posts from Above the Law and Law360 have focused on K&L Gates, and happened to touch on an issue we’ve been wrestling with for some time. The primary focus of the articles was departures from the firm; but it also touched on the challenges that are part and parcel with building large geographically and
