Midsize Law Firms Blog Posts

State of the Legal Market analysis: Occupancy spend at multiyear lows

Like a massive wave, the insecurity and instability that has marked much of the global business world throughout 2020 is likely to leave a drastically…

Isaac Brooks February 16, 2021

Growing ALSP market becoming less “alternative”, says new report

The market for alternative legal service providers (ALSPs) has become an important and growing part of the legal landscape. ALSPs provide both corporate counsel and…

Thomson Reuters Institute February 11, 2021

Navigating power dynamics amid disagreements in remote work environments

The pandemic has demonstrated that we are stronger when we have a community to draw on, and that co-opetition, a sort of cooperation among rivals,…

Thomson Reuters Institute February 09, 2021

Rise in worked rates in 2020 fueled by proportional shifts

There is much evidence that the large law firm market finds itself at a crossroads. Evidence of the approach toward a tipping point was laid…

Joe Blackwood February 08, 2021

Analyzing key elements of succession planning for law and accounting firms

Succession planning is a vital component for any organization’s talent strategy, and it is table stakes for most large corporate institutions. Too often, unfortunately, succession…

Natalie Runyon February 03, 2021

Current uses & next-gen opportunities of standards within the legal industry

In comparison to other software verticals which tend to be dominated by major players like Microsoft, Salesforce, Oracle and others, legal technology is a fairly…

Kenneth Jones January 28, 2021

The Delta Model evolves its lawyer skill assessment further with Design Your Delta

The Delta Model, a 21st century, research-backed competency model for lawyers that provides a framework for outlining what skills and competencies are most valued by…

Natalie Runyon January 27, 2021

Rethinking “partners” for law firms: Creating an ecosystem for client value

Whether your law firm has an established presence within the legal industry or is just getting started, competing in a crowded marketplace requires more time,…

Edwin Smith January 26, 2021

Data Analytics: Driving value at the intersection of internal and external data

What a year 2020 was, to say the least. The legal industry was caught off-guard by the COVID-19 pandemic, resulting in redundancies, salary cuts, receivable…

Glenn LaForce January 21, 2021

Growth for midsize law firms in 2021: Where to find new opportunities?

Who would have guessed in March of last year that midsize law firms, indeed law firms of all sizes, would see growth in their profits…

Barb McGivern January 19, 2021

Webinar: New PPP loan legislation carries tax & compensation considerations

The recently enacted fourth round of COVID-19-related legislative relief that was signed into law on December 27, 2020 looked to re-open and expand this critical…

Thomson Reuters Institute January 14, 2021

Which path for my law firm: Data warehouse or data lake?

Data-driven decision making has become an important topic among law firm leadership as they notice the success of progressive law firms that have established effective…

Todd Painter January 12, 2021