There are some technologies that emerge and seamlessly replace the old way of doing things, much like the way email replaced pen and paper as the primary means of business communication. Other technologies take longer to attain mass adoption because of issues with price, ease-of-use, or simply breaking old […]
For some people, being the “first” at anything can be a scary proposition. According to Everett Rogers’ Law of Diffusion of Innovation, “early adopters” are those who don’t necessarily want to be the first, but are willing to embrace something new and begin to use it after the innovators […]
Most law firms recognize that the legal market is changing. Most also believe that the business of law must evolve too, to meet changing client demands and grow the business. To do so, all of the many business processes and procedures involved in running a law firm merit evaluation […]
Partners and administrators can easily find common ground in the desire to improve the efficiency of law firm billing.
Because firm leaders must have the right information for making decisions, effective BI can provide more decision-making authority and greatly improve a firm’s financial performance.
Demand has dropped, budgets are scrutinized carefully, and new or alternative service providers have entered the market. As a result, the legal landscape has never been more intense and law firms have never had to compete so hard for business. At the same time, corporate clients are demanding greater […]
The legal market today is rife with volatility and change. Client needs are dynamic,new sources of competition are emerging, and the downward pressures on legal pricing show few signs of slowing.
Some law firms are adapting while others are not. At a recent international conference of managing partners from law […]