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Law Firm Management Resources

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Why Law Firms Should Rarely (if Ever) Hire Lateral Candidates Coming from Practice ....

SUMMARY: This article comprehensively evaluates the risks involved in recruiting attorneys from non-traditional legal backgrounds, such as in-house positions, academia, public interest roles, and those who have pursued further education like LLMs, shifted to clerkships, or established solo practices....

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Why & How Law Firms Need to Plan Strategically to Stay Competitive

Firms need to think strategically to remain competitive while also retaining strong management systems.Strategic thinking entails constant evaluation of the firm and its attorneys.Many professional firms enter into growth planning for the wrong reasons.Read below to find out more.The legal professio....

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Different Styles of Law Firm Recruiting

When it comes to recruiting, law firms get as much out of their efforts as they put into them. As a result, is it a surprise to hear partners complain that their firms are not attracting as much top talent as they once did.....

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The Law Firm Lifecycle: Why Some Firms Fail

Law firms are just like any other organization, sometimes achieving great success, and other times going defunct. This article goes over the latter firms.....

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Pay to WinHow to Make Your Law Firm's Compensation System an Asset

Nothing can create more tension and controversy in a law firm than partner compensation. At their best, compensation systems leave some partners feeling short-changed. At their worst, they misallocate financial resources, cause severe infighting, and set the stage for destabilizing defections. Altho....

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Client Retention 101: Tips and Strategies for Law Firm Client Management

As a law firm, one of the most important goals you should have is to retain clients. Client retention is crucial for the....

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From Prospects to Loyal Clients: How Law Firms Can Enhance Their Client Management

SUMMARY:Legal services are the backbone of our society, providing crucial support and expertise to individuals and busin....

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5 Reasons Why Law Firms Need to Restructure Immediately - A Guide to Staying Competitive in the Evolving Legal Landscape

As the legal industry evolves, law firms must adapt to the changes to remain competitive. This requires thoroughly evalu....

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How BCG Attorney Search Ranks Law Firms

Ultra-Premier: These law firms represent the pinnacle of excellence and prestige within the legal industry. They are re....

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Understanding The Value of Integrating Marketing and Technology to Law Firms

This article outlines how law firms can benefit by integrating marketing efforts with new technologies. Technologies suc....

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What is Legal Knowledge Management and What Does It Mean for Law Firms?

Law firms have been using knowledge management (KM) for many years, but the term “legal knowledge management” is a m....

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The Critical Role of Capital Planning and Debt Management for Law Firms

This article guides how to create a successful capital plan and manage debt effectively for law firms. It explains the i....

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