Partner's Report for Law Firm Owners
PRLAW is a monthly newsletter aimed at the "pocketbook" concerns of managing partners, shareholders and others with an ownership stake in a law firm. This report keeps partners up to date on salary guidelines and benefits, as well as provide the reader with tips on increasing profit margins and exercising leadership skills.
April 2010 - Table of Contents
To increase revenue in 2010, earn a desired share of the approximately $58-billion market for outside legal services, and maintain and grow business into the future, it is critical that law firms, leaders, and partners pay careful attention to adapting their firms strategy or strategies. To prosper, thrive and grow in this era of rapid change, all law firms must do some things better and/or differently than they have done in the past.
There is nothing more valuable to a law firm than a loyal client. Which begs the question, "What do we need to know to keep our clients loyal?"
As you have noticed, there is a generation gap in your law firm. You and your fellow partners would like to plan your exit strategy, but meanwhile the younger generation is not ready to step up to become the new leadership.
Billing and collections: 12 tips to enhance cash flow now and long term. Ensuring continued cash flow is key during difficult economic times.
Computer Law 101The settled law all attorneys should know. Computer and Internet law are still so rapidly evolving that those who practice in these areas are often forced to give indefinite answers to clients seemingly simple questions.
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