Law firms continue to base their entire business model on tracking billable hours. More often than not, clients feel they have little control of what a specific legal proceeding will cost. Why is it so hard for law firms to offer fixed deliverable-based pricing?
Law firms are notorious for taking great pride in their reputation. And with good cause. How can you try new ways of doing things without impacting your hard earned reputation?
Law offices are unique environments that require a special blend of confidentiality and openness with clients.
Few professional offices have to deal with as much information as law firms and remember so many critical things.
Information security at law firms is becoming a more pressing issue than ever before. News stories like the recent Equifax data breach show just how vulnerable sensitive data has become to online threats.
Law firms are unique in many of their features and needs. The need to protect client privacy, the importance of written communication, and the variety of types of meetings and presentations are all distinct features of law firm operations.
A partner in a law firm has a lot to worry about. Business development, client relations, case management, and ensuring high quality work to mitigate the risk of malpractice leave little time for training and mentoring young associates.
Most firms have more work than they can handle, and that work can’t be done without people. It is no secret that retaining associates is one of the biggest challenges facing law firms.