A key path to improving law firm productivity is to increase billable work product output without increasing either headcount or hours. Like most industries, large…
Demand for commercial legal services in the Australian legal market has been on a relatively steady downward trajectory for the past five years, and 2015…
An increasingly competitive market filled with cost pressures, commoditization and change has made for an interesting year for midsize law firms as they navigate through…
More and more law firms are adopting meaningful profitability analysis tools to measure their financial performance. This is a noteworthy and positive development. The development…
EAGAN, Minn.—The Peer Monitor Economic Index (PMI), which measures the relative health of the legal marketplace, was unchanged for the second consecutive quarter, holding steady…
The American Lawyer magazine announced its annual “A-List” this week, recognizing 20 American law firms which it calls the “new elite.” It is interesting to…
Overall demand continues to grow—but the demand for large law firm services has largely flattened in recent years. Why? A combination of emerging new competitors…
The question of whether to integrate vertically—i.e., whether to make a needed product or service in-house or buy from a third-party vendor—is not a new…