Law Firm Management & Optimisation Videos
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Law Firm Compensation and Strategy
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The password was emailed to all members on xx/xx/xxxx.
The meeting discussed the challenges and benefits of different law firm remuneration models, with a focus on origination credit, accountability, and Key Performance Indicators (KPIs). The participants also shared their current models and strategies, with a particular emphasis on the importance of flexible and evolving KPIs that align with the firm's strategy and environment. Lastly, the meeting highlighted the importance of succession planning in maintaining a sustainable business model and the need for a steady flow of new talent to replace retiring partners.
20+ firms in attendance.
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How to have a more profitable law firm
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The password was emailed to all members on xx/xx/xxxx.
Continuing our focus this year of looking at law firm profitability, legal consultant Trisha Daho joined a cross-section of MI firms to tackle key profitability drivers (and their obstacles) for law firms.
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Managing your Law Firm Better - with Data, AI and Change of Culture
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The password was emailed to all members on xx/xx/xxxx.
The session with Aku Sorainen focused on the importance of data management and analysis in law firms, with a focus on using AI to improve efficiency and profitability. It also explored the challenges of implementing new systems and the need for cultural assimilation, as well as the potential benefits of adopting new approaches to increase efficiency and profitability. Lastly, they discussed the importance of client interactions and the potential for technology to help overcome a law firm's potential struggles.
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The Importance of an Ownership Mentality for Next Gen Lawyers
DownloadDownload and view a comprehensive summary of the session with a video link below.
The password was emailed to all members on xx/xx/xxxx.
This session with Sharon Meit Abrahams is for you whether you’re a newly minted partner, a young up-and-comer, or a firm leader seeking to foster the right mentality.
Firms promote Associates to the sought-after position of Partner and with this promotion comes the expectation to “act” like a Partner.
But what does that actually mean? The answer is multifaceted and can vary widely. One crucial expectation for these freshly appointed Partners is to adopt an ‘ownership mentality’.