Download or read book Growth Strategies for the Modern Law Firm written by Ian Turvill and published by . This book was released on 2016-07-08 with total page 125 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the economic downturn law firms that once saw growth as easy and inevitable are finding that the only way to achieve this is now to wrest market share from the competition. There is no one right way to do this; some firms have opted for a determined policy of buying market share and recruiting lateral talent, while others rely on more organic growth. With contributions from a wide range of thought leaders and industry experts, Growth Strategies for the Modern Law Firm provides advice on a number growth options available, and shares practical guidance designed to help firm leaders to formulate and implement a profitable, sustainable growth strategy. Topics covered include: Aligning strategy, culture, and performance management with a growth agenda Utilizing a key relationship management program to retain and grow clients and referral sources Implementing listening programs to better serve clients, and create a platform for differentiation and growth Making cross-selling a cornerstone of growth strategies and firm culture Critical success factors that enable lateral hiring to be a key to client growth Creativity and innovations impact on growth strategies for legal departments Systematic programs for lawyer business development Organic growth strategies through focusing practice specialties Holistic approaches to improving client experience that drives client growth and much more...
Download or read book Growth Strategies for the Modern Law Firm written by Ian Turvill and published by . This book was released on 2016 with total page 125 pages. Available in PDF, EPUB and Kindle. Book excerpt: Growth is an imperative for any successful business. Law firms facing rising costs, pricing pressure, and the need to invest in staff, resources, and service delivery are finding that growth is not as easy to achieve as formerly, and that market share must be wrestled from the competition.
Download or read book Strategies for Growing a Law Firm written by and published by Aspatore Books. This book was released on 2011 with total page 95 pages. Available in PDF, EPUB and Kindle. Book excerpt: Strategies for Growing a Law Firm is an authoritative, insider's perspective on best practices for expanding both the client base and workforce of a law firm. Featuring managing partners from some of the nation's top law firms, these experts guide the reader through developing growth strategies, setting appropriate goals, and evaluating risks. In addition, these authors examine natural growth patterns, discuss recruitment techniques, and analyze when growth may or may not be appropriate. From developing a vision for the firm's future to investing in technology and marketing, these authors explain all aspects of the growth process and highlight the distinct challenges of wisely expanding a law firm in the current economy. Finally, these experts discuss strategies for finding a firm's niche, discovering new clients, and responding to changes in practice areas. The different niches represented and the breadth of perspectives presented enable readers to get inside some of the great legal minds of today, as these experienced lawyers offer up their thoughts around the keys to successful law firm development.
Download or read book Strategies for Growth in Law Firms written by and published by . This book was released on 2020-11-30 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: As a result of Brexit, and the subsequent move by companies and organisations from London to continental European capital cities (eg. Amsterdam, Frankfurt, Paris), as well as further globalisation and analysis of referral work, international law firms have made it a strategic priority to expand their capabilities and to enter new markets. They can do so by merging with or taking over a national independent law firm, via lateral hires and/or by the onboarding of teams. Each of these strategies requires a thorough approach and methodology.Strategies for Growth in Law Firms, coordinated by Gerard Tanja and Robert van Beemen of Venturis Consulting, explores some of the crucial elements relating to international growth strategies in the legal sector: law firm mergers, market entries, the onboarding of teams, and the development of international referral strategies. It includes coverage of:*Which strategies international firms pursue with a market entry;*How they identify and assess the (potential) candidate firms;*How they ensure they hire the right teams; and*What national independent boutiques (as popular candidates) take into consideration when merging with an international firm.It provides in-depth insights, practical tools and case studies regarding the methodologies, execution and implementation of growth strategies for law firms, as well as an overview of the developments in the various international legal markets (Europe, Asia, Latin-America) and of the different international growth strategies pursued by international law firms, the Big 4 and alternative legal service providers, including the implementation of these strategies (post-merger integration).This title will be of use to both international law firms and national boutique firms in the US, UK, EU and Asia. It provides valuable guidance for managing directors, business development directors, partners and managers responsible for the development of the international network of law firms, and general counsel will also find it beneficial.
Download or read book Law Firm Strategies for the 21st Century written by Christoph Vaagt and published by . This book was released on 2020-09-30 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the legal landscape becomes increasingly competitive, it is clear that law firms do not always do enough to remain at the top of their game. Firms that have embraced the challenges presented by increased competition are undeniably in a better position than those that have not.This title aims to help partners understand what they can - and what they should not - do to chart the course of their firm most effectively, and covers current topics such as digitalisation and the emergence of new competitors from outside the market. Keeping abreast of market developments is an essential part of law firm management and this edition focuses on helping partners, and their teams, to develop the right strategy.The second edition of this practical title in Globe Law and Business's series on the business of law offers up new ways to think about strategy and how to explore it in the context of a partnership. It includes contributions from leading academics, consultants and law firm partners who share their insights and experience in strategy development and management.Whether you are a managing partner of a small, medium or large law firm, this book offers a variety of viewpoints in a comprehensive single volume. As well as partners and their teams, it will also prove useful for consultants and academics in developing research in this important area.
Download or read book Growth Strategies for Law Firms written by Williams, Viv and published by . This book was released on 2013 with total page 77 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understand the growth options available and develop an effective strategy for your firm.
Download or read book Strategies for Growing a Law Firm written by Brian L Shaw and published by . This book was released on 2009 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: Strategies for Growing a Law Firm is an authoritative, insiders perspective on best practices for expanding and developing new areas within an existing law firm. Featuring managing partners from successful firms around the nation, these experts guide the reader through the process of analyzing growth opportunities and discuss the key considerations for each type of growth. These top lawyers reveal their advice to firms on recruiting new attorneys, merging with or acquiring a group of attorneys, and adding new practice areas and revenue sources. From preparing firm staff, space, and technical resources to handle new lawyers to discussing compensation and firm culture, these authors explain important factors in integrating new attorneys into an existing team, and ensuring that the expansion is beneficial to the firm as a whole. Additionally, these leaders offer advice on when not to grow a firm, offer strategies for increasing overall revenue, and analyze expansion opportunities in the current economic climate for small to mid-sized firms. The different niches represented and the breadth of perspectives presented enable readers to get inside some of the great legal minds of today, as these experienced attorneys offer up their thoughts on managing law firm growth in the twenty-first century.
Download or read book Law is a Buyer s Market written by Jordan Furlong and published by . This book was released on 2017 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: Law has become a buyer's market, and it's never going back. Re-envisioning the purpose of law firms and the role of lawyers, Jordan Furlong has designed a transformative client-first law firm that rethinks the business model, culture, service, competitiveness, growth strategies, diversity, and leadership of modern legal enterprises.
Download or read book Growth is Dead written by Bruce MacEwen (Lawyer) and published by Createspace Independent Publishing Platform. This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Now in its Second Edition "Growth is Dead" addresses the future of "BigLaw" (or "SophisticatedLaw") in the wake of the great financial reset of 2008 and its continuing repercussions including: (a) relentless pricing pressures; (b) excess capacity; (c) partner expectations; and (d) the accelerating entry of new "legal service provider" organizations, with all their implications for career paths, the traditional leveraged staffing model of law firms, and much more. Brad Karp, Chair of the Firm at Paul Weiss, describes it thus: "I read all 12 installments of your series with great interest...twice. This is an extraordinary body of work that reflects enormous insight and ought be required reading by managing partners of law firms and professional services organizations. You do a very effective job of challenging the status quo and your series is a much-needed wake up call for our profession. As always, I plan to share many of your insights with my partners. And I plan to cogitate over many of your proposed initiatives." "2012 Year in Review: Must-Read." "Any review of 2012 must begin with Bruce MacEwen's 12-part "Growth is Dead" series, which looks at, and analyzes, the monumental effects of the Great Recession on the legal industry." "Immediately became required reading for law firm leaders, by the one and only Bruce MacEwen." - Bloomberg Law "When it comes to the economics of the legal industry, there's Bruce MacEwen and then there's everyone else."
Download or read book The Law Firm of the Future written by John M. Westcott, Jr. and published by Edward Elgar Publishing. This book was released on 2018-09-28 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: During the “golden age of law firm growth” from the late 1960s until 2007, most large law firms adopted a default growth strategy, increasing practice areas and offices, aided by the momentum of the tail winds of law firm growth. Since the recession of 2008-2009, however, the legal marketplace has drastically changed. In this timely book, Jay Westcott suggests strategic building blocks that firms can adopt in order to adapt themselves to this radical change and prosper as lasting institutions.
Download or read book The Lawyer s Guide to Strategic Planning written by Thomas C. Grella and published by American Bar Association. This book was released on 2004 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: Strategic planning is an integral component to the success of any business organization, including law firms and law-related entities. This practice-building resource can be your guide to planning dynamic strategic plans and implementing them at your firm. You'll learn about the strategic planning process and how to establish goals in key planning areas such as law firm governance, competition, opening a new office, financial management, technology, marketing and competitive intelligence, client development and retention, and more. Also, the accompanying CD-ROM contains a wealth of policies, statements, and questionnaires. If you're serious about improving the way your firm works, increasing productivity, making better decisions, and setting your firm on the right course, this book is the resource you need.
Download or read book Tomorrow s Lawyers written by Richard Susskind and published by OUP Oxford. This book was released on 2013-01-10 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the bestselling author of The End of Lawyers?, this book predicts fundamental and irreversible changes in the legal world and offers essential practical advice for those who intend to build careers and businesses in law. A definitive guide to the future for aspiring lawyers, and for all who want to modernize today's legal and justice systems.
Download or read book Strategy for Law Firms written by Nick Jarrett-Kerr and published by The Law Society. This book was released on 2009-12-03 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The Legal Services Act 2007 has fundamentally altered the legal market, transforming the regulatory framework and economic landscape. In an increasingly competitive market place, law firms must make strategic choices that will affect their long-term prospects. This book guides firms through the strategic options available to them and suggests how they might position themselves to succeed in the market.
Download or read book 100 Ways to Grow a Thriving Law Practice written by David King Keller and published by CreateSpace. This book was released on 2011-06-01 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: Winner of the Legal Marketing Association's Practice Development Award of Excellence from the San Francisco Chapter. "100 Ways ... has been my bible. The book is concise, to the point and highlights ways that are useful and practical. I highly recommend it as a reference book." - Susan Gordon, Director of Professional Development, Gordon & Rees LLP.
Download or read book How to Start a Law Firm written by Darren J. Sylvester and published by The Law Society. This book was released on 2020-10-31 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: This friendly and accessible guide is one that you'll want to have on hand at every stage of the journey when starting your own law firm. From initial planning and choosing the right structure, overcoming teething problems, to expansion and beyond, in this book you'll find the practical guidance you need to set up and manage a law firm. Written by experienced practitioners who manage their own firms, How to Start a Law Firm includes guidance and advice on regulations, client care, staffing and managing finances, and new technology including AI. It offers lessons in how to develop the mindset of a business owner and a detailed study of how law firms have responded to the coronavirus pandemic.
Download or read book Managing the Modern Law Firm written by Laura Empson and published by OUP Oxford. This book was released on 2010-06-10 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: The last ten years have been a period of extraordinary change for law firms. The rapid growth of corporate law firms and the emergence of global mega-firms have strained the traditional partnership model of management. Some managers of law firms are appalled at the creeping 'corporatism' that they fear may result. However a growing number believe that it is time to move on and adopt more contemporary forms of structure and management. In Managing the Modern Law Firm scholars and legal practitioners examine the latest insights from management research, to enable law firms successfully to meet the challenges of this new business environment.
Download or read book Managing People in Today s Law Firm written by Bruce H. Charnov and published by Bloomsbury Publishing USA. This book was released on 1995-07-24 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite clear evidence of a serious decline in morale, the major competitors in the law firm management marketplace have virtually ignored the motivational facet of current managerial theory and practice. As evidenced by a review of the literature dealing with law firm management, including major books, handbooks, and professional seminar outlines, there has existed until now no treatment of current management theory and practice as it pertains to law firms. In addressing human resources topics as they apply to the modern law firm, this book fills a genuine void in an area which is of major importance to law firms challenged to remain profitable in an increasingly hostile environment. Managing People in Today's Law Firm: The Human Resources Approach to Surviving Change provides a comprehensive treatment of critical aspects of modern management: motivation, communication, organizational culture, structure and strategy, power and politics, recruitment and training, the reward-performance-retention dynamic, performance appraisal, and planned change. Grounded in managerial theory and research, based on extensive practice, and exemplified by anecdotal war stories, this book makes valuable reading for partners, associates, managers, and future members of law firms—and offers important ideas for motivating members of all professional service firms. Intended for law firms and lawyers within them, solo practitioners who contemplate joining with others in a firm partnership, law school libraries, and general and professional association libraries including bar associations on the state and local levels.
