JD Supra Perspective – Lance Goddard* I recently talked to John Chisolm, a former practicing lawyer and law firm CEO who works with firms around the globe to help them evolve from traditional billing – by the hour – to what has become known without irony as non-traditional: pricing services based on their value. This […]
Wicker Park Group – We’ve written countless blog posts about the importance of talking with clients “off the clock” to seek feedback and gain a better understanding of their businesses, strategic goals, preferences, priorities and pressures. The attorneys doing this well have seen the simple effort make a dramatic difference in the strength of their
Breakups are hard to do, whether romantic or ‘legal’ in the sense of law firm partnerships. But the bitter breakup of a US personal injury firm is demonstrating the need to prepare for the worst. There are some things you can do to avoid the sort of acrimony and scorched earth acrimony that is being
Michelle Banner – Meetings are the bane of many lives, lawyers included. They’re also incredibly expensive according to an article we picked up from Alex Cavoulacos at TheMuse, which reported a US cost to one company (non law) of $15 million. Now that, let it be said, is nuts. Further, there is a ‘context-switching’ time
Legal giant Dentons have announced the formation of an in-house solutions consultancy designed to capitalize upon the demands from in-house counsel. The new group, called Nextlaw In-House Solutions, is a strategic consultancy service involving more than 50 former general counsel globally, designed to provide a multi-disciplinary service to in-house counsel. Pressure on legal fees and
Dentons Bold In-House Counsel Consultancy Move to “Reinvent” Legal Profession Read More »
Wicker Group – Those readers familiar with Wicker Park Group are aware of our key theme in 2017: Adding Value. For those of you new to the concept, adding value is one of the most important qualities necessary to building long-term, trusting, meaningful client relationships. Clients routinely mention adding value as one of the key
What Does “Added Value” Mean To Law Firm Clients? Read More »
Sarah Goulbourne, co-founder of successful law firm GunnerCooke, has 10 rules for being a happy lawyer. Happy lawyers are; fun, charismatic, considered and trustworthy; are you? Many lawyers I have met say they are unhappy because of their career choice. They are overworked, under-appreciated and disillusioned with their profession. Unhappy lawyers have fallen out of
So how about this for a law firm business plan? – no time sheets, no traditional partner structure, full profit-sharing . . and an objective to be one of the fastest growing law firms in the UK. For Sarah Goulbourne, who started her legal shakeup in a Costa Coffee shop at the age of 45
The Law Firm That Started in a Coffee Shop And Liberated Lawyers From Timesheets Read More »
Geoffrey Schuler, CPA Finding reliable, real-time news sources and creating good habits to constantly monitor these outlets can be overwhelming for many young professionals. It took me a long time to identify my list of favored resources (tailored to the legal industry) and means to access this list in real time. This blog is aimed
Big Law and big money seem to go together like bacon and eggs, but the massive profit margins that are often touted are false. So says American Lawyer writer Chris Johnson, lead ALM reporter in Europe with a detailed knowledge of the legal business and who penned an article for AmLaw that described the disparity
