Market forces are converging to change the competitive environment for law firms. What role does a firm’s business model play in achieving success? Michael writes on how one law firm’s unique model has led to fast growth.
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Lawyers, it’s OK to Make Matter Management Mistakes (Sometimes)
In the discussion of “lawyering at the speed of business,” the panelists talked about using mistakes as learning opportunities. Their focus wasn’t on avoiding mistakes at all costs — a…
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Agile Project Management for Lawyers: Beyond the Hype
On the legal conference circuit, the topic of working in an “Agile” environment has been cropping up so frequently, you could be forgiven for thinking it’s a hot, new project…
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5 Simple Ways to Improve Practice Management
It’s no secret that good practice management is the key to a happy, strong and profitable firm. However, poor habits and shortcuts can, over time, make inroads into best practice,…
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3 Ways Self-Service Contracts Can Benefit Your Organisation
Self-service contract creation uses the wonders of document automation to reimagine the contract creation process. Forget bottlenecks within your legal department – self-service contract creation means anyone in your organisation…
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Why Upskilling Junior Lawyers Should be Your Firm’s Priority
The law firm model is broken. Industry commentators and those who work within it are increasingly pointing out how the traditional pyramid law firm model (a select number of senior…
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Business Development: How to Increase Results for Your Law Firm
Many Australian law firms are currently failing to maximise their business development opportunities. Research shows 69 per cent of law firms with an ‘under developed’ marketing and business development function…
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Cultivating Innovation in a Risk-Averse Legal Industry
Innovation has always been synonymous with risk. In the past, pure technical ability — not innovation — was the key differentiator between firms in a traditionally risk-averse and inherently conservative…
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Achieving Profitability with Alternative Fee Arrangements
With the increasing prevalence of alternative fee arrangements (AFAs) – such as fixed, blended and capped fees and retainers – firms have the ability to increase the client’s perception of…
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4 Steps to Improve Your Efficiency When Managing Legal Matters with External Counsel
Managing external legal matters can be seamless with the right planning, tools and business processes. While external delays may be beyond your control, here are some things you should consider…
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