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Legal Staffing Lessons for Today’s Marketplace

Attorney at Work

Law firms didn’t let the pandemic get in the way of profitability or performance in 2020. on average in the fourth quarter of 2020, according to Thomson Reuters — and 15% among AmLaw 100 firms. Corporate law departments made structural shifts as well. Creative Staffing Arrangements Can Help Law Firms Win Business.

Legal 288
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Tracking Shot: How Do You Manage Your Law Firm Expenses?

NCBA Law Practice Management Blog

You know that to effectively manage your law firm finances that you need to create revenue projections, to establish goals for what you want to make.? To get started, visit Red Cave's NCBA landing page , and start running your law practice like a business. But, w hat if you treat somebody to lunch??

Law Firms 100
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ALSP Factor Launches Product for Law Firms to Manage and Support Transactions

LawSites

There is no denying that some law firms view alternative legal services providers such as Factor as competitors, particularly for corporate legal work. Now, building on these experiences, Factor is launching a productized, tech-enabled Legal Transaction Optimization service specifically for law firms. Due diligence.

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Redefining Retirement: A Lawyer’s Guide To What Comes Next

Above The Law

For law firm owners, a complete exit isn’t the only option. Valuing Your Law Firm as an Asset Many attorneys underestimate the transferable value of their practice. Now it’s time to apply that same diligence to planning your own next chapter. Pay particular attention to after-tax expenses.

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Preparing for a Firm Split: Strategies for a Seamless Transition

CARET Legal

The goal isnt just to minimize disruptionits to set each firm up for long-term success while maintaining client trust and operational continuity. Navigating a law firm split requires careful planning, clear communication, and the right tools to ensure a smooth transition.

Legal 98
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Litigation Finance: The Indian Scenario

LexForti

This article discusses the scope and growth of litigation finance in India. Concept of Litigation Finance. However, the litigant has to undergo a stringent process of due diligence to avail funding. AK Balaji clarifies that there is no bar on non-lawyers to engage in legal financing agreements. TPLF Heyday.

Finance 52
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Law Firm Accounting Guide: 11 Steps to Boost Efficiency

MyCase

Key takeaway: Law firm accounting is a process that involves meticulous recordkeeping to comply with regulations set out by local jurisdictions and the American Bar Association (ABA). Detailed information is crucial to reaching your law firm’s financial goals and maintaining client transparency.