Business of Law

Q1 PMI shows signs that the law firm industry may be stabilizing

The large law firm market continued showing signs of stabilization in the first quarter of 2021, hinting at an ongoing revitalization in the market as…

Thomson Reuters Institute May 10, 2021

Supercharging your clients’ business through the business of law

You are already doing a great job for your clients, but what else should you be doing? This business quandary has never rung truer in…

Michael Caplan February 01, 2021

If not now, when? Small law firms need to improve their business development

There’s a good reason I have written extensively about why small law firms need to improve their business development acumen. Small law firm leaders themselves…

Mark Haddad November 23, 2020

Law firm business leaders guarded on economy, bullish on the future, says new report

Law firms must be able to run effectively as a business. This has been true for a long time, and it has become all the…

Thomson Reuters Institute November 11, 2020

The 2019 Law Firm Business Leaders Report: Listening to the Business Side of the Law Firm

Most legal market surveys focus on law firm partners, and understandably so. With law firm C-suites becoming the rule rather than the exception, it’s important…

Barb McGivern November 12, 2019

Law Firm Business Leaders See Many Challenges for Future Profitability, Ability to Drive Change, New Report Finds

The business leaders who are increasingly being tapped as important sources of leadership for the business functions of law firms, such as finance and operations,…

Bill Josten October 28, 2019

The Business of Law: Powered by Legal Innovation & Technology?

My early morning walks to Central Park with my Brittany Spaniel, Scout, are my NYC discovery moments: new restaurants, closed stores, new advertisements in bus…

Harris Tilevitz July 24, 2019