A rate increase can do harm to your relationship with your clients. You might be concerned as to whether your clients would even pay it? Would they pay you $1,950 per hour? These are the rates elite attorneys are charging at high priced law firms. Their clients are eager and
Are your fees reasonable for your clients? How do they impact your firm’s realization rates? It’s 2016. Cravath, Swaine & Moore LLP has just stated that it would boost it’s starting pay for junior lawyers to $180,000. Firms across the country scrambled to follow suit. Those increases have continued to
Work used to be all about labor. If a problem needed to be solved most firms simply threw more hours at their challenges. It’s no surprise then that the results were often hit or miss. That’s no longer the case. Today there’s a significant demand for legal technology. Investors have
Diving headfirst into legal tech solutions that you’re unfamiliar with can be a bit, disconcerting. It also can be counterproductive. A few early adopters are willing to take the inherent risks that come with trying something new. But is it worth it? If you start slowly, use the right tools
The legal tech landscape is changing yet again as technology shifts to accommodate industry changes and client demands. Ironically, adopting legal tech trends can be challenging for firms that aren’t natively digital. Most firms aren’t ready. But that’s changing rapidly. Research shows firms are beginning to adopt a forward-looking stance
Is it possible for your small to medium firm to consistently outperform larger, more established competitors? To produce the kind of performance, value and profit and your firm needs to grow rapidly? It’s tough at times, isn’t it? Many attorneys are looking for a way to produce stellar work and