I’ve noticed an interesting trend in current law firm activity. It’s slowed down, almost to a crawl. But it’s not the results of a change in markets for law firms. It seems to be a reaction to the tumultuous world around us. Trump’s on again, off again tariffs and uncertainty about their ramifications. The Canadian [...]
Biden held onto leadership as long as he could. But when it became apparent that he had lost the faith of his party, and that he couldn’t possibly beat Trump in the Presidential election, he was convinced to step down. There can be tremendous strength in quitting a strategy, and trying something different. Lawyers, and [...]
A client once asked me for the best piece of advice I could give a client and I said “listen to me”. But the reality is that my clients probably follow the rule of thirds: one third absolute listen and do what I suggest, a third try it for a while but eventually let their [...]
Typically, lawyers work from 40 – 80 hours per week. If they are able to bill out 2/3rds of that time, they are lucky (or organized). But it could be better. The difference between billed work and the rest of that time is often wasted or at least under-utilized time. That’s because most lawyers don’t [...]
(This post first appeared in SLAW). I provide a wide range of services to law firms, so I can always tell what’s happening in the industry by the run on certain types of services. Sometimes I seem to do nothing but coaching; lawyers wanting to improve their personal skills in a range of business areas. [...]
I was recently asked how a law firm management philosophy relates to the strategic planning process. It was a great question, because how we manage a firm (or plan to manage a firm) must either be aligned with firm culture, or set out to consciously adjust firm culture. So how we plan sets the tone [...]
As part of my strategic planning process with clients, I conduct interviews with each lawyer and a representative group of staff. One of the many questions I ask them is this: how will your client base shift in the coming five years, and how might that affect how you will provide legal services to them? [...]
(This post first appeared in SLAW) Most firms have come to appreciate the value of practice groups in their management and marketing; but not everyone knows why they are more powerful than operating without them, which may result in their under-utilization. In this post I’ll explain the evolution of practice groups, what they look like [...]
(This article was originally published in SLAW). When I ask lawyers what their firm’s business goals are for the year, it’s shocking how few know the answer, often because those goals don’t exist. So, it’s understandable that when I ask those same lawyers for their personal business goals are, they don’t know those either. Firms [...]
I have a lot of time for Law Firm Marketing Researcher Michael Rynowecer. So, when his blog “The Mad Clientist” arrives in my inbox, I usually read it. The latest edition highlights recent research his company, BTI Consulting, regarding the current US law firm mood, seven months into the pandemic. For fun, I thought I’d [...]