Maximizing Law Firm Profitability

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Maximizing Law Firm Profitability

Author : Susan G. Manch,Marcia Pennington Shannon
Publisher : Law Journal Press
Page : 552 pages
File Size : 41,9 Mb
Release : 2018-01-28
Category : Law
ISBN : 1588520536

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Maximizing Law Firm Profitability by Susan G. Manch,Marcia Pennington Shannon Pdf

Maximizing Law Firm Profitability: Hiring, Training and Developing Productive Lawyers shows you how to manage your own practice and how to develop the potential of the people reporting to you.

Maximizing Law Firm Profitability

Author : Susan G. Manch,Marcia Pennington Shannon
Publisher : Unknown
Page : 0 pages
File Size : 49,5 Mb
Release : 1991
Category : Law firms
ISBN : 1588520536

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Maximizing Law Firm Profitability by Susan G. Manch,Marcia Pennington Shannon Pdf

Results-oriented Financial Management

Author : John G. Iezzi
Publisher : American Bar Association
Page : 276 pages
File Size : 44,6 Mb
Release : 2003
Category : Business & Economics
ISBN : STANFORD:36105063219252

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Results-oriented Financial Management by John G. Iezzi Pdf

This hands-on, how-to book will provide law firms with budget and financial knowledge they need to make critical financial decisions.

Emerging Approaches to Law Firm Profitability

Author : Stuart J. T. Dodds,David J. Parnell,Helene Russell,Peter Lane Secor,Rupert Hawke,Paige Keith,Manish Khandelwal
Publisher : Unknown
Page : 200 pages
File Size : 41,8 Mb
Release : 2018-05
Category : Law
ISBN : 1783583347

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Emerging Approaches to Law Firm Profitability by Stuart J. T. Dodds,David J. Parnell,Helene Russell,Peter Lane Secor,Rupert Hawke,Paige Keith,Manish Khandelwal Pdf

Emerging Approaches to Law Firm Profitability is the ideal tool to assist with the implementation of innovative business practices, providing essential guidance for those seeking new means of maximizing their firm's capacit

Mechanics of Law Firm Profitability

Author : Toby Brown,Jack Bostleman,Chris Boyd,Michael Roster,Keith Maziarek,Timothy B. Corcoran,Wendy Wen Yun Chang,Anthony E. Davis,David J. Parnell,James G. Perkins,Mark Voigtmann,Steven Petrie,Vanessa Savoie,Tom Snavely
Publisher : Unknown
Page : 127 pages
File Size : 48,8 Mb
Release : 2016-11
Category : Law
ISBN : 178358260X

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Mechanics of Law Firm Profitability by Toby Brown,Jack Bostleman,Chris Boyd,Michael Roster,Keith Maziarek,Timothy B. Corcoran,Wendy Wen Yun Chang,Anthony E. Davis,David J. Parnell,James G. Perkins,Mark Voigtmann,Steven Petrie,Vanessa Savoie,Tom Snavely Pdf

The Mechanics of Law Firm Profitability: People, Process, and Technology examines why a focus on profitability and metrics is reshaping law firm operations and matter management.

The Future of Profitability Models and Analysis for Law Firms

Author : Dwight Floyd
Publisher : Ark Company
Page : 100 pages
File Size : 52,5 Mb
Release : 2019-05
Category : Law
ISBN : 178358372X

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The Future of Profitability Models and Analysis for Law Firms by Dwight Floyd Pdf

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.

Client Value and Law Firm Profitability

Author : Jim Hassett Ph. D.
Publisher : Legalbizdev
Page : 226 pages
File Size : 40,9 Mb
Release : 2014-09-01
Category : Law
ISBN : 0988657538

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Client Value and Law Firm Profitability by Jim Hassett Ph. D. Pdf

The primary goal of this book is to help law firms adapt to a rapidly changing marketplace by providing insights into what has worked at other firms and what hasn't. Many articles and books have been written by law school and business school professors and by countless consultants analyzing how the legal profession is changing. The only thing that's been missing from the conversation is public statements by the people who actually run large law firms. These senior decision makers rarely publish anything on their tactics and strategies. They are the ones who deal with these issues every day and whose very livelihood depends on coming up with the right answers. What do they think? To answer this question, LegalBizDev founder Jim Hassett interviewed leaders from 50 AmLaw 200 firms in 2013 and 2014. This is the only research on the topic which is based on confidential in-depth interviews with chairs, managing partners, senior partners, and firm executives such as CEOs, COOs, and CFOs. The name of every individual who participated in the research is confidential and all quotes are anonymous. This approach has enabled senior decision makers to speak frankly and openly about what they really think. Since the participants in the study were promised that they would not be quoted by name, they were unusually frank in their responses, including the law firm chairman who said that "lawyers are about as dumb as you could possibly be about understanding how our product is made. The lawyers who understand how to make it and who can manage that process efficiently are going to be the winners." The law firm leaders also felt free to speak about both the business problems they face and possible solutions, like the managing partner who noted that "I have a $10 million practice. But that could be a disaster for a firm, because it could cost them $11 million to get $10 million. But nobody ever talks about it that way." According to Altman Weil Principal Tom Clay, "Although Jim's interviews were with 50 large law firm leaders, his commentary and takeaways should be taken to heart by every law firm, whatever its size."

Targeting Profitability

Author : Helen Roche
Publisher : Exhibit A
Page : 110 pages
File Size : 41,8 Mb
Release : 2013
Category : Business planning
ISBN : 1908640839

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Targeting Profitability by Helen Roche Pdf

Law firms today are undergoing a period of continued change and competition. Law firm leaders are faced with increased pressure to raise revenues despite growing competition and changing client demands. The slow pace of growth in the global economy has had an impact on law firms, and many continue to fight to remain profitable in the wake of the economic downturn. Additional factors, such as changing regulation in the UK which has opened up the legal industry to new entrants, and the focus on alternative fee arrangements and new pricing methods in both the UK and the US, can further the demands on law firms to compete and grow. As a result, law firm leaders are under pressure to find new and better ways to increase productivity and profitability. Targeting Profitability: Strategies to Improve Law Firm Performance is an expert guide on profitability strategies for law firms. This report brings together the views of respected experts on law firm profitability from both the UK and the US, and it outlines specific areas within a firm that can be targeted to introduce improvements, adapt processes and training, and as a result increase profitability. These experts share their views on what impacts profitability within a firm, and they provide advice and tips on what can be done to make improvements. A law firm's overall objective should be to meet changing client and market needs in a manner that is profitable, and this report sets out important steps law firm leaders can take in order to meet those objectives.

Stop Struggling and Start Thriving

Author : Kelley Brubaker
Publisher : Independently Published
Page : 0 pages
File Size : 51,6 Mb
Release : 2023-07-02
Category : Electronic
ISBN : 9798851445279

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Stop Struggling and Start Thriving by Kelley Brubaker Pdf

STOP STRUGGLING AND START THRIVING: A GUIDE TO TRANSFORM YOUR LAW FIRM Your Solution to Maximizing Profitability is Just One Click Away! Have you ever felt stuck between the hectic realities of running a law firm and the elusive goal of maximizing profitability? Do you feel like you're swimming against a current of paperwork, client meetings, and court hearings, only to find that your bank balance doesn't reflect all the hard work you're putting in? You're not alone - and this eBook could be the key to unlocking a more prosperous future. "Stop Struggling and Start Thriving: A Guide to Transform Your Law Firm" isn't just a book. It's a roadmap to realizing your firm's untapped potential, to turning your gross revenue into net profit, and to turning your challenges into growth opportunities. We know that your time is your most valuable asset. That's why this guide is designed to start showing results in just 30 days! So you don't have to wait forever to see a transformation. The book helps you to: Diagnose the profitability health of your firm using our unique analytical approach. Identify key questions you should be asking yourself, questions that can drastically shift your firm's trajectory towards success. Design and implement a profitable plan by harnessing your strengths, addressing your weaknesses, and aligning your resources optimally. Whether you're a seasoned attorney or just getting your practice off the ground, "Stop Struggling and Start Thriving: A Guide to Transform Your Law Firm" is your invaluable companion on the path to a more prosperous, rewarding legal career. But don't just take our word for it - download the book and start your journey toward increased profitability now! Join the ranks of successful attorneys who have transformed their law firms into thriving, profitable entities. Remember, your gross revenue doesn't matter if you're not profitable at the end of the day. Are you ready to stop struggling and start thriving? Click on the button below to get the guide today, and put your firm on the path to profitability. You owe it to yourself to make your law firm more profitable and your legal career more fulfilling.

Paralegals, Profitability, and the Future of Your Law Practice

Author : Arthur G. Greene,Therese A. Cannon
Publisher : American Bar Association
Page : 182 pages
File Size : 55,6 Mb
Release : 2003
Category : Law
ISBN : 1590311590

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Paralegals, Profitability, and the Future of Your Law Practice by Arthur G. Greene,Therese A. Cannon Pdf

This book provides advice on how to hire and use top notch paralegals to achieve success in providing clients with quality service.

Focusing on Profitability

Author : Frank E. Brennan
Publisher : Section of General Practice
Page : 180 pages
File Size : 54,5 Mb
Release : 1994
Category : Law offices
ISBN : STANFORD:36105061118019

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Focusing on Profitability by Frank E. Brennan Pdf

Profitability and Law Firm Management

Author : Andrew Otterburn
Publisher : Unknown
Page : 160 pages
File Size : 43,7 Mb
Release : 2016-04
Category : Electronic
ISBN : 1784460176

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Profitability and Law Firm Management by Andrew Otterburn Pdf

BigLaw

Author : Mitt Regan,Lisa H. Rohrer
Publisher : University of Chicago Press
Page : 294 pages
File Size : 45,5 Mb
Release : 2021-01-12
Category : Law
ISBN : 9780226742274

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BigLaw by Mitt Regan,Lisa H. Rohrer Pdf

The Great Recession intensified large law firms’ emphasis on financial performance, leading to claims that lawyers in these firms were now guided by business rather than professional values. Based on interviews with more than 250 partners in large firms, Mitt Regan and Lisa H. Rohrer suggest that the reality is much more complex. It is true that large firm hiring, promotion, compensation, and termination policies are more influenced by business considerations than ever before and that firms actively recruit profitable partners from other firms to replace those they regard as unproductive. At the same time, law firm partners continue to seek the non-financial rewards of being members of a distinct profession and are sensitive to whether their firms are committed to providing them. Regan and Rohrer argue that modern firms responding effectively to business demands while credibly affirming the importance of non-financial professional values can create strong cultures that enhance their ability to weather the storms of the modern legal market.

Game Plan for a More Profitable and Productive Law Firm

Author : Deborah L. Avaro
Publisher : iUniverse
Page : 110 pages
File Size : 50,8 Mb
Release : 2007-06
Category : Business & Economics
ISBN : 9780595444939

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Game Plan for a More Profitable and Productive Law Firm by Deborah L. Avaro Pdf

A comprehensive strategy & reference guide that will detail the techniques lawyers and law firms need to think like a business. It will help firms analyze and improve their business processes, dramatically increasing their profitability and productivity. This book benefits every member of the firm, from partners and the accounting staff to paralegals and other personnel. Contains examples of budgets, financial reports and management reports. Receive powerful management tips and daily cost cutting shortcuts. Get bills out that are more accurate. Process your entire billing cycle in half the time. Provide comprehensive Associate reviews. Create financials and management reports that are easy to understand. Better utilize your staff without adding expense. Improve organization and management skills. This guide will be used daily by all members of the law firm for years to come.

Profitability in Law Firms

Author : Toby Brown,Eugenia Frenzel,Steven Campbell,Tim Corcoran,Mark Santiago,Shaun Jardine,Richard Brzakala,Stuart Dodds,Phil Nixon,Wayne Hassay,Madhav Srinivasan,Richard Martin
Publisher : Unknown
Page : 0 pages
File Size : 43,7 Mb
Release : 2024-01-31
Category : Electronic
ISBN : 1787429970

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Profitability in Law Firms by Toby Brown,Eugenia Frenzel,Steven Campbell,Tim Corcoran,Mark Santiago,Shaun Jardine,Richard Brzakala,Stuart Dodds,Phil Nixon,Wayne Hassay,Madhav Srinivasan,Richard Martin Pdf

Insight and Analysis provides practical and proven strategies for law firm leaders and managers who want to take their firms to the next level of performance and profitability.