Law Firm Management

Law Firm Networks: Going Global

By a:1:{i:0;s:1:" ";} | May 30, 2007

International expansion may bring huge opportunities for a law firm, but it also brings risk. Sandra Neilson-Moore assesses the professional liability hazards of expanding a network overseas

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Management & IT: The evolution of outsourcing

By a:1:{i:0;s:1:" ";} | May 30, 2007

Legal process outsourcing marks the latest in a long line of outsourcing developments. Margaret Lang examines this fast-moving market

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Management & IT: The rent revival

By a:1:{i:0;s:1:" ";} | May 23, 2007

Why sell the very building upon which your business was built? Many will see selling your offices as an act akin to selling the business itself, with so much history and expertise embedded in every wall. The answer is a simple one and cited at an increasing rate; the good old-fashioned sale and leaseback scheme unlocks the value in your property.

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Management & IT: Make the most of the internet

By a:1:{i:0;s:1:" ";} | May 23, 2007

'Differentiate or Die', marketing guru Jack Trout warned in the title of his seminal work on how to survive in 'our era of killer competition'. Trout is more associated with putting consumer brands on the map than he is with making law firms stand out from the crowd, but many of the rules he establishes translate to the profession. A law firm has to offer something unique if it is to attract and maintain business in a competitive marketplace, and then ensure it communicates that unique selling point - its differentiator - as effectively as possible. This article is not so much concerned with a law firm's differentiator per se, but more about how firms can use their websites to differentiate effectively.

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Management & IT: The partnership of the future

By a:1:{i:0;s:1:" ";} | May 23, 2007

Oscar Wilde described a cynic as a 'man who knows the price of everything and the value of nothing'. Unfortunately for Oscar, the IT industry, and its customers, that cynicism is fairly widespread, most notably when it comes to developing relationships between vendor and buyer.

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Management: Business Development: The rainmaker's recipe

By a:1:{i:0;s:1:" ";} | May 16, 2007

It is never too early to start rainmaking; and putting your contacts in order is a good place to start, says Sue Bramall

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Business Development: Branding matters

By a:1:{i:0;s:1:" ";} | May 9, 2007

On 1 March Nabarro Nathanson rebranded and shortened its name to Nabarro. The time had come for the firm to express its identity more clearly.

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Law in Business: The road ahead

By a:1:{i:0;s:1:" ";} | May 2, 2007

The career priorities for an assistant are pretty clear. They must hone professional skills. Values focus on completing tasks on time, accuracy and being punctual.

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The succession pipeline

By a:1:{i:0;s:1:" ";} | April 25, 2007

A partner from a 'big four' accounting firm hired one of us (Andrew Bass) to work with some of his senior managers on a one-to-one basis. He explained: "I have some really bright guys who have succeeded throughout their lives by being excellent at technical things. And that has got them as far as one level below partner. But then one day they started coming in and they were not standing so tall; in fact, they were dead worried. Because they had just realised they have not been commercial enough and that they therefore are a long way from making the case for partnership. They are used to succeeding but now they are stuck and cannot make any further progress by doing what they have done to succeed before."

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US Top 50/New York: The bottom dollar

By a:1:{i:0;s:1:" ";} | April 18, 2007

On average, the dollar has demonstrated significant weakness against the pound over the past three years. Comparing the spot rate in December 2005 to December 2006, the exchange rate declined by 14%. Not surprisingly, and particularly for US law firms with operations in the UK, these changes have presented significant operational challenges and some perception management challenges, especially when reporting results to legal publications in the UK and Europe.

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The American Lawyer

The Millennial Who Is Now Running an NLJ 500 Firm

By Ben Seal | March 2, 2018

At 36, James Goodnow is taking the reins of Fennemore Craig, with an eye toward technology and innovation.

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Daily Report Online

Arrive Early to Eat That Frog

By Robin Hensley | March 2, 2018

What needs to get done in the first hour Monday morning to make the week go well? What chore is in the "critical path" for the firm this week?

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New York Law Journal

Shearman Sees Profits Rise as Revenue Stays Steady

By Christine Simmons | March 1, 2018

Shearman & Sterling boosted partner profits by 7 percent while barely eking out revenue gains last year.

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The American Lawyer

Out of Focus: Lawyers and Firms Can No Longer Ignore Dementia

By Christine Simmons | March 1, 2018

As a rising tide of Alzheimer's and other dementia diagnoses grips aging law firm partnerships, neither firms nor their lawyers have learned how to cope.

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International

DLA Piper's Former France Managing Partner Quits to Launch M&A Boutique

By James Booth | March 1, 2018

Michel Frieh, whose former firm merged with DLA Piper in 2012, spent five years as DLA Piper's country managing partner for France.

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National Law Journal

Arnold & Porter Sees Progress on Revenue, Profits After Kaye Scholer Deal

By Ryan Lovelace | March 1, 2018

Arnold & Porter Kaye Scholer moved the needle on key financial metrics in its first post-merger year, but the firm said it has its eye on long-term growth.

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New York Law Journal

It's Time to Develop Your Crisis Communications Plan

By Zach Olsen and Jesse Dungan | March 1, 2018

Law Firm Management columnists Zach Olsen and Jesse Dungan write: In the current climate, firms that don't take seriously the very real reputational and business interruption threats that face them are taking on significant risks that could be mitigated—if not avoided altogether—by thoughtful preparation.

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International Edition

Aggressive billing rate rises do pay off, Citi analysis finds

By Miriam Rozen | February 28, 2018

New research by Citi Private Bank's Law Firm Group shows advantage of aggressively raising published billing rates

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Pro Mid Market

The Economic Basis for Greater Diversity in the Legal Profession

By Robert L. Johnson and Steven H. Sholk | February 28, 2018

Law firms should embrace diversity and strive to increase and retain their minority ranks not just as a form of corporate social responsibility, but also because it makes economic sense.

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The American Lawyer

YL Board: This Is What Sexual Harassment in the Legal Industry Looks Like

By The Young Lawyer Editorial Board of The American Lawyer | February 28, 2018

We call for the industry to avoid silence when witnessing harassment and hold perpetrators—no matter how big a book of business—accountable.

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