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Author: Ian Turvill
Publisher:
ISBN: 9781783582440
Category :
Languages : en
Pages : 125
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Book Description
Since the economic downturn law firms that once saw growth as easy and inevitable are finding that the only way to achieve this is now to wrest market share from the competition. There is no one right way to do this; some firms have opted for a determined policy of buying market share and recruiting lateral talent, while others rely on more organic growth. With contributions from a wide range of thought leaders and industry experts, Growth Strategies for the Modern Law Firm provides advice on a number growth options available, and shares practical guidance designed to help firm leaders to formulate and implement a profitable, sustainable growth strategy. Topics covered include: Aligning strategy, culture, and performance management with a growth agenda Utilizing a key relationship management program to retain and grow clients and referral sources Implementing listening programs to better serve clients, and create a platform for differentiation and growth Making cross-selling a cornerstone of growth strategies and firm culture Critical success factors that enable lateral hiring to be a key to client growth Creativity and innovations impact on growth strategies for legal departments Systematic programs for lawyer business development Organic growth strategies through focusing practice specialties Holistic approaches to improving client experience that drives client growth and much more...
Author: Ian Turvill
Publisher:
ISBN: 9781783582440
Category :
Languages : en
Pages : 125
Get Book Here
Book Description
Since the economic downturn law firms that once saw growth as easy and inevitable are finding that the only way to achieve this is now to wrest market share from the competition. There is no one right way to do this; some firms have opted for a determined policy of buying market share and recruiting lateral talent, while others rely on more organic growth. With contributions from a wide range of thought leaders and industry experts, Growth Strategies for the Modern Law Firm provides advice on a number growth options available, and shares practical guidance designed to help firm leaders to formulate and implement a profitable, sustainable growth strategy. Topics covered include: Aligning strategy, culture, and performance management with a growth agenda Utilizing a key relationship management program to retain and grow clients and referral sources Implementing listening programs to better serve clients, and create a platform for differentiation and growth Making cross-selling a cornerstone of growth strategies and firm culture Critical success factors that enable lateral hiring to be a key to client growth Creativity and innovations impact on growth strategies for legal departments Systematic programs for lawyer business development Organic growth strategies through focusing practice specialties Holistic approaches to improving client experience that drives client growth and much more...
Author: Jordan Furlong
Publisher:
ISBN: 9780995348806
Category : Attorney and client
Languages : en
Pages : 244
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Book Description
Law has become a buyer's market, and it's never going back. Re-envisioning the purpose of law firms and the role of lawyers, Jordan Furlong has designed a transformative client-first law firm that rethinks the business model, culture, service, competitiveness, growth strategies, diversity, and leadership of modern legal enterprises.
Author: Christoph Vaagt
Publisher:
ISBN: 9781787423022
Category : Law
Languages : en
Pages : 260
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Book Description
As the legal landscape becomes increasingly competitive, it is clear that law firms do not always do enough to remain at the top of their game. Firms that have embraced the challenges presented by increased competition are undeniably in a better position than those that have not.This title aims to help partners understand what they can - and what they should not - do to chart the course of their firm most effectively, and covers current topics such as digitalisation and the emergence of new competitors from outside the market. Keeping abreast of market developments is an essential part of law firm management and this edition focuses on helping partners, and their teams, to develop the right strategy.The second edition of this practical title in Globe Law and Business's series on the business of law offers up new ways to think about strategy and how to explore it in the context of a partnership. It includes contributions from leading academics, consultants and law firm partners who share their insights and experience in strategy development and management.Whether you are a managing partner of a small, medium or large law firm, this book offers a variety of viewpoints in a comprehensive single volume. As well as partners and their teams, it will also prove useful for consultants and academics in developing research in this important area.
Author: Bruce MacEwen (Lawyer)
Publisher: Createspace Independent Publishing Platform
ISBN: 9781481896047
Category : Law firms
Languages : en
Pages : 0
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Book Description
Now in its Second Edition "Growth is Dead" addresses the future of "BigLaw" (or "SophisticatedLaw") in the wake of the great financial reset of 2008 and its continuing repercussions including: (a) relentless pricing pressures; (b) excess capacity; (c) partner expectations; and (d) the accelerating entry of new "legal service provider" organizations, with all their implications for career paths, the traditional leveraged staffing model of law firms, and much more. Brad Karp, Chair of the Firm at Paul Weiss, describes it thus: "I read all 12 installments of your series with great interest...twice. This is an extraordinary body of work that reflects enormous insight and ought be required reading by managing partners of law firms and professional services organizations. You do a very effective job of challenging the status quo and your series is a much-needed wake up call for our profession. As always, I plan to share many of your insights with my partners. And I plan to cogitate over many of your proposed initiatives." "2012 Year in Review: Must-Read." "Any review of 2012 must begin with Bruce MacEwen's 12-part "Growth is Dead" series, which looks at, and analyzes, the monumental effects of the Great Recession on the legal industry." "Immediately became required reading for law firm leaders, by the one and only Bruce MacEwen." - Bloomberg Law "When it comes to the economics of the legal industry, there's Bruce MacEwen and then there's everyone else."
Author: Jack Newton
Publisher: Blue Check Publishing
ISBN: 9781989603321
Category :
Languages : en
Pages : 314
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Book Description
The legal industry has long been risk averse, but when it comes to adapting to the experience-driven world created by companies like Netflix, Uber, and Airbnb, adherence to the old status quo could be the death knell for today's law firms. In The Client-Centered Law Firm, Clio cofounder Jack Newton offers a clear-eyed and timely look at how providing a client-centered experience and running an efficient, profitable law firm aren't opposing ideas. With this approach, they drive each other. Covering the what, why, and how of running a client-centered practice, with examples from law firms leading this revolution as well as practical strategies for implementation, The Client-Centered Law Firm is a rallying call to unlock the enormous latent demand in the legal market by providing client-centered experiences, improving internal processes, and raising the bottom line.
Author: Peter S. Cohan
Publisher: Apress
ISBN: 1484224485
Category : Business & Economics
Languages : en
Pages : 274
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Book Description
Accelerate your company's growth in a disciplined fashion. This book provides leaders of large and small companies a proven comprehensive framework to think systematically about growth options and to yield practical strategies that produce faster growth. Drawing insights from case studies of successful and unsuccessful companies, strategy teacher and venture capitalist Peter Cohan models his systematic approach to brainstorming, evaluating, and implementing growth strategies across five dimensions: Customers, Geography, Products, Capabilities, Culture. He examines each of these five growth dimensions in turn, selecting and organizing his cases to compare the growth strategies deployed successfully and unsuccessfully by large and small companies along the given dimension. In each of his five dimensional chapters, the author derives from his case analyses the key principles and processes for creating and achieving faster growth. Professor Cohan draws on a network of hundreds of founders, CEOs, and investors developed through his decades of consulting, authorship of 11 books, and over five years as a Forbes columnist. He shows through many compelling stories how leaders craft effective growth strategies. Business leaders will learn the following lessons from this book: Achieving rapid but sustainable growth is a business leader’s most important responsibility – and leaders must approach this challenge with a mixture of vision, intellectual humility, and a willingness to experiment and learn from failure. The growth challenges facing companies that are currently growing quickly differ from the ones that stagnating or shrinking companies must overcome. Companies can achieve growth along one or more of the dimensions simultaneously – and they often expand geographically to customers in the same segments. Useful insights can emerge from comparing case studies of successful and unsuccessful companies pursuing similar growth strategies. Companies should select a growth strategy based on three factors: the attractiveness of the growth opportunity, the company’s capabilities to provide superior value to customers in the selected market, and the expected return on investment in the growth vector. Companies should select a growth strategy that best fits their capabilities and culture and they must enhance both to adapt to new growth opportunities. Who This Book Is For The people in companies who are responsible for growth: chief executive officers, chief marketing officers, chief product officers, heads of business development, product managers, sales people, and human resources managers
Author: Mike Morse
Publisher: Lioncrest Publishing
ISBN: 9781544508535
Category :
Languages : en
Pages : 222
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Book Description
Skilled lawyers who open their own firms can quickly find their dream career turning into a nightmare. When the firm doesn't grow as fast as you expected, the money doesn't come like you'd hoped despite working long hours, and your less-capable peers are passing you by, it can be demoralizing and deeply frustrating. Mike Morse has been there. The change he made that transformed both his personal life and his professional future was running his law firm like a business. Now, along with John Nachazel, Mike has written the book he wishes he had twenty years ago. In Fireproof, the duo lay out a roadmap of business principles to help you sort out what's missing from your firm. By running your firm like a business, you are free to work in your sweet spot, doing what you love to do every day. You'll attract more clients, make more money, and enjoy newfound freedom. As your firm grows, you'll enjoy peace of mind knowing it'll bring more profitability-not more problems.
Author: Michele Ruiz
Publisher:
ISBN: 9780692604281
Category :
Languages : en
Pages : 184
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Book Description
To fully leverage the power of social media for your legal marketing you need one indispensable ingredient: Content Need to attract more clients? Want to be a top-referred lawyer? Struggling with billing time and business development? Imagine growing your book of business--wihout leaving your office! With the ease of today's technology, social media platforms, and content marketing, it's not that hard. It's simply a mindshift and the right kind of "know-how" Here's the best part: Using the secrets of top journalist, you can easily and effectively create compelling content like a pro. YOU'LL LEARN HOW TO: Get your message to your target clients is is an understandable and engaging way so you become THE trusted, preferred and referred attorney Easily create attention-grabbing content your target clients need Stand out among the plethora of other firms In the marketplace Use branded content like blogs, videos, eBooks, Slideshares, Case Studies, White Papers, Webinars/Webcast, Podcast, Photos, Virtual Educational Events and more to attract more clients Implement time-saving strategies that won't take away from your billable hours Engage your social media savvy clients to increase your client retention rates Avoid marketing missteps and top mistakes lawyers make when using social media
Author: Nick Jervis
Publisher:
ISBN: 9781781332658
Category : Law
Languages : en
Pages : 254
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Book Description
The legal world is changing fast, Getting more of the right clients and growing your law firm quickly, smoothly and profitably is getting harder and there is now more competition than ever before. Renowned legal marketing expert Nick Jervis unveils his 'Law Firm Growth Formula' a guide to help solicitors get and keep more clients.
Author: ZEUGHAUSER
Publisher:
ISBN: 9781787424227
Category : Law
Languages : en
Pages : 256
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Book Description
The global pandemic and simultaneous economic disruption is accelerating many challenging trends for law firms across the globe with unprecedented velocity. Law firm leaders, individual practitioners, C-level law firm executives, bankers and clients are all faced with growing uncertainty about the future and are looking for resources to help navigate rapid change. This book, edited by Peter Zeughauser of Zeughauser Group, will provide valuable insights and guidance on these trends and how best to embrace and harness them for continued success. It brings together world-renowned, skilled experts with different perspectives on the key challenges and opportunities that have arisen in the last few years, and continue to increase in importance. Key issues covered include: -Why and how to revisit your strategy plan; -Effective client relationship management during a crisis; -Wellbeing of partners and the workforce; -How to leverage social responsibility and pro bono programmes; and -Diversity and inclusion. This title will also consider the impact of remote working on the profession, including how to build a stronger culture with a remote workforce, how to reduce your real estate costs and how remote working has impacted innovation and decision making.
