Heres a look at three firms that serve as guideposts in how to stay financially and organizationally strong, come what may in the economy: Baker Hostetler; Shook, Hardy & Bacon; and Primmer Piper Eggleston & Cramer. Whats striking is not that these firms felt the heavy strain of the recession and revolutionized themselvesits that they positioned themselves to seize opportunities during the downturn.
By Steven T. Taylor
Balancing the Risks and Rewards of Alternative Fees
Professional Development: Building Talent for a More Successful Firm
Law firms large and small are trying to grasp how they can properly implement alternative fees. The key is learning how to fairly allocate the risks and rewards between the parties.
By Raymond E. Bayley
- Are You Ready for AFAs? A Self-Assessment Checklist By James A. Calloway and Mark A. Robertson
Law firm managers and administrators know the daily challenges of getting partners to comply with administrative requests to enter time, review billings and the like. Heres how firms can successfully encourage compliance.
By Frederick J. Esposito, Jr.
Poor delegation and time management skills, an inability to deal with incompetent staff, and new lawyers who need a lesson in getting along. Here are some of the top management challenges law firms faceand practical solutionsintroduced through the eyes of a razor-sharp paralegal.
By Jessika M. Ferm and Petersen Thomas
Drawn from their popular ABA LPM Section program on Financial Success in the New Era, use these pointers from Janis Alexander, Ed Poll and Mark Robertson to help ramp up the profits in your law practice.
A dual-purpose plug-and-play solution for storage and backups.
Legal Web 2.0
Web-based project management software can organize projects that keep getting buried in your haystack of to-dos.
Cybercriminals are getting smarterand faster. Use these tips and tools to achieve an effective balance between convenience and security.
Attending any large events in the coming year? Follow these steps to connect with the people who can send you business.
Quick tips for successful social networking from Women Rainmakers Best Marketing Tips, Third Edition.
Terri Mottershead explains critical talent management issues facing firms in 2011.
A few weeks into your dream job, its clear things arent working out like youd planned. You may feel stuck right nowbut heres advice on making it better.
Taking the Lead
Sifting through financial reports is a key part of the planning process for law firm leaders. Heres advice on understanding the data thats in front of you.