Business Development

Beyond Traditional Tools: Leveraging AI for efficient law practice management

For many law firms, law practice management software is the backbone of their business. It streamlines workflows, reduces administrative burdens and facilitates efficient billing processes—increasing productivity and profitability. From lead intake and case tracking to managing deadlines and handling payments, law practice management tools ensure effective collaboration and efficient firm operations.

Jul 26, 2024 10:12 AM CDT

7 steps to successful crisis management

How you manage a crisis is critical and may be the difference between a swift resolution and a prolonged public nightmare. Consider these seven lessons to help guide your clients successfully through their next crisis.

Jul 26, 2024 9:12 AM CDT

How ShareFile helps firms keep pace with changes in law practice

Ari Kaplan recently spoke with Adrienne Lester, senior director of business services at ShareFile, a secure content collaboration, file sharing and sync software.

Jul 25, 2024 10:14 AM CDT

Hidden Talent Pool in Plain Sight: Corporate America wants you—for nonlegal roles

Management consulting firms and Big Four accounting firms have a secret weapon. It’s not particularly well-camouflaged. It’s there for anyone who bothers to look. Both of these thought leaders hire lawyers for a wide variety of nonlegal jobs. And they’ve been doing so for decades—everything from business development to crisis management to marketing.

Jul 25, 2024 9:14 AM CDT

Polsinelli touts ‘meteoric rise’ in revenue ranking as it adds 20-plus partners from competitor

Polsinelli is opening a Philadelphia office with more than 20 partners from Holland & Knight.

Jul 24, 2024 8:50 AM CDT

‘Shaping the Bar’ author says bar exam protects legal profession, not public

Lawyer and author discusses with the ABA Journal’s Julianne Hill how the bar’s history of creating a method to test minimum competency is outdated and discriminatory.

Jul 24, 2024 8:48 AM CDT

Referral bonuses as high as $50K? One BigLaw firm confirms incentive

Law firms are typically paying $20,000 to $40,000 in referral bonuses to employees who refer associates to their firms for placement, according to one recruiting partner. But some firms are exceeding that figure.

Jul 22, 2024 11:47 AM CDT

How to create a legal tech budget

As the legal landscape becomes more technological, law firms are struggling to devise a potentially robust legal tech budget. But this cost-value equation is a complicated one. Worried about having enough funds to devote to legal tech? It’s time to set a budget.

Jul 1, 2024 9:13 AM CDT

New research about legal operations is ‘at a crossroads,’ consortium leaders say

Ari Kaplan recently spoke with Sandra Aldi, the chief marketing officer at Neota Logic; Michael Powers, the global director of product marketing at iManage; and Thomas Suh, the co-founder and chief operating officer for LegalMation.

Jun 21, 2024 11:12 AM CDT

You were probably not taught to market yourself; now what?

Few law schools offer their graduates LinkedIn self-branding workshops as an employment game-changer before law firm hiring managers. Today, even when taught, self-branding coursework is outdated, even at the best law schools. Or, as widely lamented by attendees in my recent online seminar, marketing courses not offered at all.

Jun 21, 2024 9:21 AM CDT

These law firms are preferred destinations for summer associates, new survey says

Surveyed law students at 149 different schools most often chose Kirkland & Ellis as a top place to work in a summer associate position, according to a new survey by Law360 Pulse.

Jun 18, 2024 10:21 AM CDT

FTC ban on noncompetes raises confidentiality issues—and can it be enforced?

The rule, which rescinds most current and bans all future noncompetes, is expected to affect nearly one in five American workers, according to the FTC. It will go into effect in early September if it’s not overturned or delayed.

Jun 6, 2024 1:44 PM CDT

How to strike up conversations that build your book of business

Networking is something that comes naturally to some people. But if the idea of talking to strangers makes you break out into a cold sweat, there's help and hope, says Deb Feder, author of the book After Hello: How to Build a Book of Business, One Conversation at a Time.

May 29, 2024 8:55 AM CDT

What lawyers should know about customer relationship management

Ari Kaplan recently spoke with Todd Miller, the CEO of TRĒ, an artificial intelligence-powered customer relationship management platform.

May 28, 2024 8:59 AM CDT

9 legal malpractice trends in 2024

Legal malpractice is costing law firms big bucks, and it’s expected to fetch even more soon. Multimillion-dollar payouts increased year over year, according a 2023 report comparing 2022 numbers with the prior year report by Ames & Gough, a business insurance and risk management consultancy.

May 22, 2024 1:41 PM CDT