Searching Content indexed under Law Department Performance by Ostrow Reisin Berk & Abrams ordered by Published Date Descending.
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Cryptocurrency Payments For Legal Services: Should You "Byte" The Bullet?
Cryptocurrencies, like Bitcoin, are not going to replace traditional currencies any time soon, but a growing number of law firms have begun to accept these currencies as payment from clients.
United States
11 Jun 2019
New Study Highlights The Threat Of Alternative Legal Service Providers To The Traditional Law Firm Model
A newly released joint report from the Center on Ethics and the Legal Profession at Georgetown University Law School and Thomson Reuters Legal Executive Institute (LEI) could cause some soul searching among law firms.
United States
11 Jun 2019
Tips To Keep A Lid On Overhead Expenses
Thanks to Hollywood, many lawyers and clients have come to see spacious office suites as signs of success.
United States
8 Apr 2019
Study Reveals Hallmarks At Top Firms
Every firm was placed in a quartile based on performance.
United States
8 Apr 2019
Getting Hitched: Should Our Law Firms Merge?
Last year marked the fourth consecutive year with more than 80 law firm mergers and acquisitions, according to Altman Weil Merger Line ...
United States
14 Sep 2018
Show Them The Money: Compensating Your Managing Partners
All law firms have them—the partners who spend the bulk of their practice managing the firm. But, if the firm focuses on compensating only rainmakers and large revenue generating partners ...
United States
14 Sep 2018
Value-Based Pricing Comes To Law Firms
The concept of value-based pricing (VBP) is already common in the consulting world and has received a big boost in the health care industry thanks to various initiatives ...
United States
10 Aug 2018
How To Deal With An Underperforming Partner
No managing partner likes to deal with this situation.
United States
29 Jun 2018
What To Do About Falling Realization Rates
Are your firm's realization rates declining? If so, most firms are in the same boat. According to the 2016 Report on the State of the Legal Market from Georgetown University Law Center ...
United States
21 Nov 2017
Tips To Improve Attorney Timekeeping
Timekeeping is a necessary evil for every law firm. Even attorneys who work on contingency fee arrangements need to keep adequate documentation of their time in order to obtain court-awarded fees
United States
2 Nov 2017
Gaining A Competitive Advantage: Putting A CRM System To Work For Your Law Firm
In a very competitive landscape, law firms have found that implementing a Client Relationship Management (CRM) system helps them to provide a consistent prospect and client experience.
United States
11 Sep 2017
How Paralegals Affect Your Bottom Line
Although the roles and responsibilities of paralegals or legal assistants can differ widely by firm, these employees ideally should spend minimal time performing clerical or other work suited to legal...
United States
31 Aug 2017
Fraud Prevention: It's Time To Review Your Firm's Internal Controls
Fraud in corporate America is nothing new. Yet, many law firms overlook the issue in their own organization. Lawyers tend to place the firm's day-to-day operations on a back burner...
United States
23 Mar 2017
Ramp Up Your Referrals: How To Take An Active Role In Generating New Business
Referrals are typically the leading producer of new business for law firms. In other words, referrals mean revenue.
United States
23 Mar 2017
Portfolio Pricing: A Win-Win For Both Clients And Firms
During the recession, clients became more cost-conscious about their legal fees, and as the economy recovers, clients maintain that expectation.
United States
7 Oct 2015
Does My Law Firm Need Malpractice Insurance?
According to the ABA, 5% to 6% of all private attorneys face legal malpractice charges each year.
United States
19 Feb 2015
Five Ways To Improve Client Relationships
For most lawyers, building and strengthening relationships with clients is an ongoing activity. Even the most personable and conscientious attorney experiences the occasional misunderstanding with a client — or even loses one for good.
United States
22 Jan 2015
Cross-Selling Phobia? Turn Your Attorneys Into Successful Marketers
Even some of the toughest trial attorneys and savviest corporate dealmakers cringe at the thought of "pushing" additional services on valued clients.
United States
6 Jan 2015
What You Need To Know About Professional Liability Insurance
According to the American Bar Association, a lawyer can expect, on average, three legal malpractice claims to be brought against him over the course of his career.
United States
18 Sep 2014
Law Firm Group Newsletter – Summer 2014
Many situations can trigger the need for a law firm’s appraisal, including insurance coverage, a partner’s death or divorce, capital buy-ins of new partners, firm dissolution and mergers.
United States
17 Sep 2014
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