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Tag Archives: friday share

Infographic: Super Careful Crackle Writing Lessons from SCOTUS

Super Careful Crackle Writing Lessons from SCOTUS

“Words are the building blocks of the law. If we aren’t fastidious with language it dilutes the effectiveness and clarity of the law.” That’s according to the current Supreme Court Chief Justice John Roberts, Jr. as cited by LexTalk, a community of lawyers and legal professionals facilitated by LexisNexis. The entry introduced an infographic titled, “9 Writing Styles Epitomized by ... Read More »

Friday Share: Buying Legal, Metrics and Benchmarking

Buying Legal Metrics and Benchmarking

As an industry, whether inside or outside counsel, we don’t do a good job of figuring out what we want to measure in our organizations, but we still manage the business of law, according to Timothy B. Corcoran, principal of the Corcoran Consulting Group. “Is anyone here willing to acknowledge, that because we don’t have great data, we’re not managing ... Read More »

Infographic: Law Firm Obstacles along the Quest for Growth

Law Firms Face Obstacles along the Quest for Growth-header

Note:  The following is a post from contributor Chas Schmidt, a senior copywriter at LexisNexis.  Competition.  It’s the number one barrier to growth, according to the recently released LexisNexis survey, Law Firms in Business Development Transition: Marketing, Business Development and the Quest for Growth. Besides having to joust with other firms to impress the same collective of prospective clients, survey ... Read More »

What do New Law Firm Owners Fear? Old Firm Mistakes…

What do New Law Firm Owners Fear

What could possibly be more frightening than starting a new law firm? All too often, dealing with the problems that plague so many older, more established firms. Like troubles getting paid, protecting confidential data in an era when data thefts are everyday news, or worries about malpractice. Confidential Materials. Stop Reading Immediately! What’s the good news if you’re trying to ... Read More »

Infographic: Law Firm Panels and Legal Industry Scorecard

Infographic Law Firm Panels and Legal Industry Scorecard

Even as the largest law firms raise billing rates, corporate counsel continues to consolidate law firm panels. The most recent CounselLink® Enterprise Legal Management Trends Report found “55% of companies in the data pool have 10 firms or fewer accounting for at least 80% of outside counsel fees.”  As the infographic, and 2015 Mid-Year Scorecard, nearby show, law firm consolidation ... Read More »

Friday Share: 6 Considerations for Origination Credit in BD

Fostering Law Firm BD 6 Considerations for Origination Credit-header

There’s an old saying in management guru circles:  Pay for performance, promote for potential. Compensation models and incentive structures are among the most central issues in any business, let alone law firms.  A key challenge in the professional services model, absent a professional sales force, is how to incent business development (BD)? The matter is of critical current interest in ... Read More »

Infographic:  Litigation Market to Thaw in 2016

Infographic Litigation Market to Thaw in 2016 says BTI Consulting-header

Market research firm BTI Consulting forecasts a “thaw” in litigation spending in 2016 and anticipates overall spending to increase for the first time next year since 2011. The firm recently published an infographic which coincides with the BTI Litigation Outlook 2016 report.  It also summarizes key findings in a snapshot with a post titled 6 Trends Shaping Litigation in 2016. ... Read More »

Infographic: How Clients Find Law Firms

How Clients Find Law Firms

A young girl asked her father about that plastic-wrapped rectangular package.  It had been sitting in the corner of the family’s driveway for several days. As they walked out together to finally pick it up, the father explains the concept of those yellow colored pages in a phone book. Its information, presented alphabetically by topic, so people can find services ... Read More »

Infographic: Balancing the Prospect for Litigation Cost Savings

Balancing the Prospect for Litigation Cost Savings

“There are some easy steps an organization can take to take to keep litigation costs down, but they just aren’t taking them,” wrote Corporate Counsel. The article focuses on one of the most interesting findings in a recent litigation cost survey focused on Property & Casualty insurance companies.   It’s a “balancing act” line of business where legal metrics, efficiency and ... Read More »

SlideShare Friday: The 2016 Outlook for the Legal Profession

The 2016 Outlook for the Legal Profession

In just about two weeks, we’ll be headed into the fourth and final quarter of 2016.  Strategic planning for the next year, if it hasn’t already started, is likely to begin in earnest. Robert Half Legal recently published survey data on the outlook for 2016, which looked at both demand and compensation expectations.  The presentation is embedded below and it’s ... Read More »