Law Firm Profits and Sustainability | BCGSearch.com

Law Firm Profits and Sustainability

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Why Most Large Law Firms Don't Have Consumer-Facing Practice Areas

This article explains why large law firms tend to focus on something other than consumer-facing practice areas such as family law and trusts and estates. These legal matters are often less profitable, require a different skill set, involve different billing arrangements, and don't align as closely w....

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Equity Partnership: A New Perspective on Law Firm Compensation

SUMMARYEquity partnership in law firms offers a fresh perspective on legal compensation, merging individual contributions with collective growth. This comprehensive guide delves into the complexities of equity partnership, from its foundational understanding to its financial implications. By explori....

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Top Qualities to Look for When Hiring a Law Firm Associate

SUMMARY:In the competitive legal landscape, identifying the essential qualities of a law firm associate is crucial for building a resilient and dynamic team. This article explores the multifaceted skills that set exceptional candidates apart, such as analytical prowess, legal research capabilities, ....

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Transforming Performance Reviews: Modern Approaches to Evaluating Attorney Performance ....

SUMMARYThis comprehensive guide delves into the transformative approaches to attorney performance reviews, focusing on modern evaluation methods to maximize potential and improve law firm success. Firms can foster real-time performance improvement by adopting a more dynamic, continuous feedback mode....

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Commitment Matters: How to Hire Attorneys Who Will Stick Around

SUMMARY: As law firms strive for growth and success, one critical aspect they often grapple with is the hiring process. Bringing on board new attorneys is no small task, given the significant investment of time and resources. Ensuring that the hired attorneys are committed and will remain with the f....

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