How the billable hour hurts women
Zimmermann: Up to 20% of AmLaw 200 "Badly Weakened"
How Facebook's Lawyers Price Their Services
Attorneys Should Be Compensated on Efficiency, Not Hours
Weekly Brief: Lawyers Advised To Accept New Reality
Is the billable hour dying? According to research from the latest Legal Trends Report, clients want modern payment options: over half of potential clients would prefer to pay their lawyers using modern service delivery...more
Editor’s Note: Read the transcript from HaystackID’s webcast, “From Mac to Mobile: Advanced Data Triage and Collection Tools for Forensic Investigators,” to learn about HaystackID’s Remote Endpoint Analysis and Data...more
Transforming Insights into Action for Strategic Legal Operations - It’s been a busy few months in legal ops, and our Mitratech team has had the pleasure to be in person at a number of industry events, including ALM’s...more
You just graduated from law school and are starting your first job as a full-fledged esquire. No matter the area of law, your thoughts are likely racing, “I’ve passed the bar and I’m licensed, but what now? Am I really ready...more
Strategic pricing within law firms is more than just setting rates; it is a year-round endeavor that aligns with the firm’s pursuits, understands industry market cycles, factors practice innovation, and, most critically,...more
In this series of articles, we explore the implications of the long-term, part-time employee rules under the SECURE Act and SECURE 2.0 and the impact those rules have on employers and their workforces. Under the SECURE...more
In this series of articles, we explore the implications of the long-term, part-time employee rules under the SECURE Act and SECURE 2.0 and the impact those rules have on employers and their workforces. Following the...more
Maximizing Efficiency and Minimizing Costs: Unleash the Power of Legal Bill Review Software. In 2021, legal teams reported spending only a fraction of the day (just 2.5 hours) on billable work. Flash forward to today, and...more
Managing immigration cases can be a complex and time-consuming process. With numerous documents, forms, deadlines, and client communication to juggle, relying on traditional methods like email and spreadsheets fall short....more
As economists debate whether the world economy is headed for a recession with a “small r,” a “slowcession" or a “soft landing,” CFOs are increasingly turning to the most common way to reduce cost - layoffs....more
Three years ago we didn’t know that “unprecedented times” and “new normal” would become a mainstay in our cultural lexicon. While some things have faded with time, it seems that some pandemic upstarts like QR codes, Pelotons,...more
Whether you provide law firms with technology, software, or a service, you need to be able to sell value to a law firm in order to turn them into a client. Law firms are bombarded with offers every day to try new products and...more
We need to do it all. That’s the message thrumming deep in your mind, day in and day out. As a lawyer, paralegal or supervisor in the field, you know the responsibilities pressing in on all sides. We need to do it...more
Smoothing out repetitive, non-billable tasks and reducing lawyer burnout through workflow. Like the rest of us, lawyers spend too much time at work interrupted by the mundane, menial parts of their jobs, and not enough...more
Like our law firm clients, Team LISI is committed to diversity, equity, and inclusion (D.E.I.) practices. Diversity includes individuals of different ethnicities, religions, sexual orientations, gender identities, ages,...more
May 17, 2021 | News + Views + To Do's Interview Robyn: Hi everyone and welcome to LISI’s News + Views + To Do’s where we talk with legal industry professionals about what’s going on in their world, how they see our industry...more
It may be tempting to take a do-it-yourself approach to law firm marketing, but hidden costs abound that can cost you significantly in time, money and effectiveness. Consider the math. In an analysis of hourly billing...more
I am enjoying the discussion going on these days about hourly billing. Rachel Barnett of Brooks Brothers recently outlined a well-articulated view of the negatives of the billable hour. Colin Jasper then turned the topic...more
In a recent Above the Law article, Mike Quartararo, President of ACEDS, said, “You want to know why the billable hour is so entrenched and not going anywhere any time soon? It’s because it provides a direct, measurable metric...more
It’s not uncommon for companies to look for ways to turn losses into profits, and the baby carrot, of all things, is a perfect example of this. California carrot farmer Mike Yurosek came up with the idea for the baby carrot...more
Part two of an interview on law billing changes....more
Changing the ways lawyers charge for their services and, equally important, the ways that clients pay for them, requires more than flipping a switch and sending out a different type of bill. ...more
Fee objections happen often, but they are not always what they seem. Next time a prospect objects to your firm’s fees, think about the following questions: Is it real? Is it time? Is there something else? Is that all?...more
In a recent roundtable meeting of CMOs from mid-sized regional firms, participants identified 10 trends they are seeing in 2017....more
Last month I posed the question, “What if you didn’t hit budget in 2016?” This month, I want to look forward into 2017 and offer some prospective advice to help leadership teams either hit budget or optimally manage...more