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Author: Dwight Floyd
Publisher: Ark Company
ISBN: 9781783583720
Category : Law
Languages : en
Pages : 100
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Book Description
The convergence of changes in the legal landscape - wider economic pressures, the growing implementation of legal technologies, the disrupting influence of alternative service providers and their competitive pricing offerings - mean that the corporatization of the law firm is well underway. The "business of law" is now more of a priority than ever before, with procurement and pricing professionals playing increasingly significant roles within firms and a growing focus towards the measurement and analysis of profit, rather than simply its generation, becoming apparent. With this becoming common practice, it is now essential for those at the helm of their firm's profitability to take a deep dive into its real fundamentals.The Future of Profitability Models and Analysis for Law Firms provides this kind of comprehensive exploration into the recent and revolutionary approaches firms are adopting in their pursuit of greater returns in this current period of renaissance for the law. Featuring contributions from field experts and thought leaders - including pricing directors, chief financial officers, and management consultants - combines trendspotting, exploratory intelligence with case studies and real-world examples of best practice to act as a launchpad for application and instruction.
Author: Dwight Floyd
Publisher: Ark Company
ISBN: 9781783583720
Category : Law
Languages : en
Pages : 100
Get Book Here
Book Description
The convergence of changes in the legal landscape - wider economic pressures, the growing implementation of legal technologies, the disrupting influence of alternative service providers and their competitive pricing offerings - mean that the corporatization of the law firm is well underway. The "business of law" is now more of a priority than ever before, with procurement and pricing professionals playing increasingly significant roles within firms and a growing focus towards the measurement and analysis of profit, rather than simply its generation, becoming apparent. With this becoming common practice, it is now essential for those at the helm of their firm's profitability to take a deep dive into its real fundamentals.The Future of Profitability Models and Analysis for Law Firms provides this kind of comprehensive exploration into the recent and revolutionary approaches firms are adopting in their pursuit of greater returns in this current period of renaissance for the law. Featuring contributions from field experts and thought leaders - including pricing directors, chief financial officers, and management consultants - combines trendspotting, exploratory intelligence with case studies and real-world examples of best practice to act as a launchpad for application and instruction.
Author: Arthur G. Greene
Publisher: American Bar Association
ISBN: 9781590311592
Category : Law
Languages : en
Pages : 182
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Book Description
This book provides advice on how to hire and use top notch paralegals to achieve success in providing clients with quality service.
Author: George Beaton
Publisher:
ISBN: 9781634253963
Category : Law
Languages : en
Pages : 272
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Book Description
This book provides examples of innovative and successful business models from remade law firms to inspire change that goes beyond thinking and planning, and leads straight to implementing change and better client service.
Author: Eunyoung Whang
Publisher:
ISBN:
Category : Business Administration/Accounting
Languages : en
Pages :
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Book Description
Business Administration/Accounting
Author: Michael Roster
Publisher:
ISBN: 9781783583584
Category : Law
Languages : en
Pages : 100
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Book Description
An in-depth look at the trends and future developments that will fundamentally change the legal market.
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.
Author: John M. Westcott, Jr.
Publisher: Edward Elgar Publishing
ISBN: 1788119703
Category : Law
Languages : en
Pages : 233
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Book Description
During the “golden age of law firm growth” from the late 1960s until 2007, most large law firms adopted a default growth strategy, increasing practice areas and offices, aided by the momentum of the tail winds of law firm growth. Since the recession of 2008-2009, however, the legal marketplace has drastically changed. In this timely book, Jay Westcott suggests strategic building blocks that firms can adopt in order to adapt themselves to this radical change and prosper as lasting institutions.
Author: ALBER
Publisher: Ark Company
ISBN: 9781783583935
Category :
Languages : en
Pages : 158
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Book Description
Some consultants predict that by 2035 more than half of the traditional law firms in the Midsize market will no longer exist. Many midsize firms are feeling the pressure. While Big Law firms crow about their commitment to innovation, most Midsize firms are still trying to figure out where they fit in the new legal landscape that is taking shape.
Author: Bruce MacEwen
Publisher:
ISBN: 9780615914190
Category : Law firms
Languages : en
Pages : 104
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Book Description
A New Taxonomy provides a path-breaking analysis of the global "BigLaw" industry, identifying seven distinct species of law firm business model - their historic roots, future prospects, strengths and weaknesses, and the specific management techniques, priorities, and perspectives they require. Written with analytic rigor but an urbane and engaging style, it brings new perspective to a globally important industry, clarifying the law firm business landscape as never before. Here's what a few people are saying: "Wow! What an incredibly insightful and valuable work on taxonomy. Really, really makes sense on so many levels. I have read it twice now, and am incorporating so many of your ideas into what we need to do;" (Managing Partner, AmLaw25); and "My test of a good business book is simple; does it provide context that clarifies your thinking? This book does. It's a good one. It paints the BigLaw order of battle in vivid colors on a broad canvas. It helps you see the whole battlefield, not just the skirmishes." (from the Foreword by David Morley, Global Managing Partner of Allen & Overy The author is a lawyer and the President of Adam Smith, Esq., an industry-leading management consultancy to law firms and the legal industry around the globe. He has written for or been quoted in: The New York Times; The Wall Street Journal; Fortune, Bloomberg; and other publications too numerous to mention, and is a sought-after speaker at law firm retreats and legal industry conferences around the world. Previously, he practiced securities law for nearly two decades in New York. Bruce was educated at Princeton University (BA magna cum laude in economics) and at Stanford Law School (JD). A native Manhattanite, he lives on New York's Upper West Side with his wife and their dog. KIRKUS FEATURED REVIEW An analytically rigorous but accessible guide to the shifting world of Big Law.MacEwen has built a strong reputation within the legal industry as an innovative thinker. He practiced law for years in New York, founded the popular website AdamSmithEsq.com and has written for numerous periodicals about legal issues. In his second book, he parses "Big Law" into its elemental, commercial parts, detailing the basic categories of law firms, including "Global Players," "Capital Markets" and "Boutiques." He proceeds in the spirit of biological taxonomy, linking his approach to the Linnaean method of classifying different types of natural life. He aims to use the taxonomy not only to describe these firms, but also to demonstrate the evolving nature of competition in the legal sphere: "I believe an analogy to biological classification is useful...because there's competition within species (between individual firms who are essentially alike) as well as competition across species (between, e.g., global firms and boutiques)." For the firms themselves, understanding these classifications, and their places within them, is necessary to gauge their target audiences, and to market themselves effectively to prospective clients. The author deftly presents each of the seven types, highlighting its unique characteristics, its advantages and disadvantages, and its "managerial priorities." He concludes with an engaging, original view about the future of law firm competition, partly inspired by Stephen Jay Gould's "punctuated equilibria theory": "We have enjoyed a long period of stasis, but now we may be at the start of a period of intense speciation, with new forms of life emerging-some of which will prove adaptive and survive and others of which will be rejected by the antibodies of the marketplace." Even for the nonexpert, MacEwen's prose is clear and mercifully free of gratuitous jargon.A sharp, concise meditation on the business of law, and by extension, an important commentary on the state of the economy as a whole.
Author: Helen Roche
Publisher:
ISBN: 9781908640673
Category : Legal services
Languages : en
Pages : 92
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Book Description
The prolonged global economic downturn has created a new world order for the legal industry, and the ramifications have been felt strongly in the UK. Faced with the threat of shrinking profits, law firms have been forced to re-examine fundamental aspects of their businesses such as their pricing structures, workflows, and the business model itself, all in the pursuit of greater efficiencies and the ability to remain competitive. This second edition examines the trends now shaping the legal profession as it seeks to maximise profitability in what is a very difficult market. This report looks towards the future to identify the issues and developments that will shape the UK's legal industry going forward. This all-encompassing report contains articles written by respected legal practitioners and industry specialists, and the sought-after views and predictions of these experts will address some of the questions, concerns, and even some of the fears held over where the future of legal services lies.
