Law Firm Management

Exclusive law firm financial reporting and rankings. News, trends and analysis of law firm management; leadership profiles, market reports and case studies.

  • Banking on experience

    By a:1:{i:0;s:1:" ";} | November 21, 2007

    Outsourcing is one of the major trends in the legal industry at the moment. Whether it is moving peripheral administrative tasks to a third-party provider or moving your entire IT department to a subsidiary in India, accessing low-cost workforces is the flavour of the month for the legal manager.

    1 minute read

  • Code comfort

    By a:1:{i:0;s:1:" ";} | November 14, 2007

    "Errors, like straws, upon the surface flow; he who would search for pearls must dive below." So wrote John Dryden in 1678. And so, too, every solicitor makes minor mistakes in his day-to-day work - inconsequential errors and misjudgements. But so what, you may ask, if beneath the surface the client is getting the pearls of a first-rate job? And let us not forget that the standard is generally very high. Clients are, by and large, well served.

    1 minute read

  • Susskind predicts demise of lawyers in IT-led future

    By a:1:{i:0;s:1:" ";} | November 1, 2007

    Top business lawyers have played down talk that increasing commoditisation and use of IT will bring about the death of the industry, following claims made by leading technology expert Richard Susskind. The predictions come in Susskind's new book, The End of Lawyers?, in which he says the legal profession needs to undergo a significant transformation to avoid extinction. He argues that lawyers need to ask themselves what elements of their workload could be undertaken more cheaply and efficiently as "the market is unlikely to tolerate expensive lawyers" for work that can be better done by "smart systems and processes"

    1 minute read

  • The Bar: A fruitful search

    By a:1:{i:0;s:1:" ";} | October 31, 2007

    It is widely documented that web users are increasingly using search engines as a path to access relevant information. As more information becomes accessible on the internet, business people need a simple and accurate way of finding what they want. These requirements may be for research, for finding goods, services or even trading partners and suppliers. The internet has become an integral part of modern business communications and this raises the question of how much attention your business pays to ensuring that its content is properly accessible to search engines.

    1 minute read

  • Top of the pile

    By a:1:{i:0;s:1:" ";} | October 31, 2007

    You tell me that I am one of your key clients - you say your place on our panel of legal advisers is vitally important to your firm as it gives your people stimulating work, we add kudos and attract other clients to your portfolio and the volume of fees we pass your way is invaluable. You often say the words 'key client', but to be frank I do not know what this means to us. We have a number of advisers on our panel and it is often very difficult distinguishing between them. They all have the technical capabilities to do the work we need. A couple stand out, I suppose, because of the personalities involved. But my legal department does not feel any real loyalty or affinity to one firm. You cannot differentiate one in terms of service excellence and added value. And so I suppose that is why I find it strange when you say how important my company is to your firm. I do not have any 'key' legal advisers.

    1 minute read

  • The learning commandments

    By a:1:{i:0;s:1:" ";} | October 24, 2007

    Without good content, you cannot succeed. Targeted relevant information, pitched at the right level and directly related to the audience's work, makes good e-learning. At Lovells we tend to avoid most generic off-the-shelf content because, for us, one size does not fit all. Senior partners need different content from new graduates. Variation is also required by practice stream.

    1 minute read

  • The business of engagement

    By a:1:{i:0;s:1:" ";} | October 17, 2007

    Customer relationship management (CRM) in law firms has been the subject of much debate in recent years. Some 18 months ago I thought I was reasonably well versed in the subject. But my eyes have been opened thanks to a development project that has proved to be challenging and, in parts, frustrating.

    1 minute read

  • Hard evidence

    By a:1:{i:0;s:1:" ";} | October 17, 2007

    Lawyers have had to change the way they manage investigations, arbitration and litigation for their clients in response to rapid changes in technology. In order to best serve their clients' interests, lawyers in the UK will need to have at least a broad understanding of the methods and techniques available, as well as the benefits and pitfalls of e-disclosure.

    1 minute read

  • The right image

    By a:1:{i:0;s:1:" ";} | October 17, 2007

    Osborne Clarke (OC) recently introduced an imaging management system, in a drive to improve the productivity of its lawyers. The firm faced the challenge of maintaining full client records in electronic form, automating document capture, integrating the new system with existing document management and centralised faxing systems, while also aiming to improve print productivity and reduce print overheads.

    1 minute read

  • The new breed

    By a:1:{i:0;s:1:" ";} | October 17, 2007

    The organisation and manipulation of electronic documents presents a mounting challenge to law firms and litigation support departments of all types and sizes. Recent major advances in software architecture and technology, along with the increasingly litigious corporate environment and the rising importance of e-disclosure, are factors that are pushing the legal profession towards new technology which maximises workflow efficiency and results.

    1 minute read

  • Pro Mid Market

    Boutique Firms Gain Momentum in the Legal Industry

    By Michael A. Tanenbaum | March 14, 2018

    As the legal industry searches to find solutions to its historical inefficient delivery of services, corporate counsel are evaluating approaches to the engagement of outside counsel best suited to meet their legal and business needs.

    1 minute read

  • Pro Mid Market

    Is Your Firm Really a Firm? The 'Firmness' Scale Can Help

    By Jeff Coburn | March 14, 2018

    Over many years working with smaller and midsize law firms throughout the country, I've experienced a wide range of firm typologies. Much of the difference among such firms can be attributed to the degree of “firmness” that smaller and midsize firms exhibit.

    1 minute read

  • The American Lawyer

    Burford Investors Get Rich as Financier Deepens Am Law 100 Ties

    By Roy Strom | March 14, 2018

    The litigation finance giant announced Wednesday that it had tripled its investment commitments on new cases.

    1 minute read

  • The American Lawyer

    Dentons Touts Seven More Tie-Ups in Africa, Asia and Caribbean

    By Rose Walker | March 14, 2018

    Firms in the Cayman Islands, Indonesia, Kenya, Malaysia and Mauritius are among those being absorbed by Dentons in its latest round of global expansion.

    1 minute read

  • New York Law Journal

    Chadbourne Settles Sex Bias Case That Shined Light on Big Law Pay Gap

    By Christine Simmons | March 14, 2018

    The deal resolves discrimination claims brought by Kerrie Campbell and two other partners against Chadbourne & Parke and its successor firm, Norton Rose Fulbright.

    1 minute read

  • International Edition

    Dentons announces seven more tie-ups as global expansion continues apace

    By Rose Walker | March 14, 2018

    Expansion continues via deals with law firms in Africa, the Caribbean and Southeast Asia

    1 minute read

  • International Edition

    The death of the law firm partnership vote - will more firms eschew tradition for a more corporate approach?

    By Gina Passarella | March 14, 2018

    With an eye on efficiency, firms are ditching consensus-based methods in favour of more centralised management

    1 minute read

  • Daily Report Online

    Fisher Phillips Witnesses Detail Pay Cuts for Tex McIver Before Wife's Shooting

    By R. Robin McDonald | March 13, 2018

    Fulton County prosecutors contend that Tex McIver shot and killed his wife to maintain his diminishing wealth and secure his beloved ranch that he had mortgaged to her for a $350,000 loan he couldn't pay. Fisher Phillips executives detailed the extent of the salary cuts to a jury in McIver's ongoing murder trial.

    1 minute read

  • Pro Mid Market

    Tarter Krinsky & Drogin: How to Stay True to Entrepreneurial Roots

    By David Gialanella | March 13, 2018

    "As we change, we are very conscious to stay true to our values and maintain our close-knit and collaborative culture," says Alan Tarter, managing partner of Tarter Krinsky & Drogin, in describing how his young, midsize firm strives to stay true to its entrepreneurial roots while continuing to grow.

    1 minute read

  • New York Law Journal

    Tarter Krinsky & Drogin: How to Stay True to Entrepreneurial Roots

    By Susan DeSantis | March 13, 2018

    "As we change, we are very conscious to stay true to our values and maintain our close-knit and collaborative culture," says Alan Tarter, managing partner of Tarter Krinsky & Drogin, in describing how his young, midsize firm strives to stay true to its entrepreneurial roots while continuing to grow.

    1 minute read

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