Profits for Partners, Management Consulting Inc.

Planning for Success

Strategic planning is for firms of all sizes. In fact, it’s even more important for solos and small firms in today’s competitive legal environment. Solos and small firms can use strategic planning to focus their…more
| Business Organizations, Law Firm Marketing, Law Practice Products & Services

Trends in Partner Compensation Systems in Law Firms

An increasingly competitive legal environment is resulting in changes in the way that law firms pay their partners. This article summarizes current trends in partner compensation systems in law firms…more
| Business Organizations, Law Firm Marketing, Law Practice Products & Services

Alternative Billing Trends - "AFA Lite"

Another trend to watch is law firms of various sizes getting on the legal project management bandwagon as an adjunct, alternative or transition to true AFA's (Alternative Fee Agreements)…more
| Business Organizations, Law Firm Marketing, Law Practice Products & Services

Different Incentives for AFA's - GC's vs. Managing Partners

GC's are incented by their shareholders to reduce costs and push AFA's, while managing partners are incented by their partners to run a profitable firm. So given the current difference in incentives for GC's and Managing…more
| Business Organizations, Law Practice Products & Services

The Search for Value - Focus on Client Profitability First

This article is a complete rethink of the normal law firm approach to focus on their own profits first. But if you think it through, you'll realize that your efforts are best spent on increasing client profits first, as your…more
| Business Organizations, Law Firm Marketing, Law Practice Products & Services

Trends In Restructuring Law Firm Business Functions To Increase Profitability

Many law firms are now realizing that they need to streamline their operations further as clients push them on the rates side and squeeze their profit margins further. One of the main reasons to consider levering business…more
| Business Organizations, Law Practice Products & Services

The Link Between Knowledge Management and Profitability

Did you know there is a direct link between Knowledge Management (KM) and Profitability for law firms? In addition, did you know that this link exists right at the top of the profit pyramid, where the impact on profitability is…more
| Business Organizations, Law Practice Products & Services

Strategic Planning for Law Firms - Key Steps in the Process

This article summarizes the key areas that law firms need to address in creating a Strategic Plan…more
| Business Organizations, Law Firm Marketing, Law Practice Products & Services

The Top 5 Things Law Firms Need To Do Now To Increase Profitability

Here's some issues that are common amongst small and midsized law firms that should be addressed now to increase profitability…more
| Business Organizations, Law Firm Marketing, Law Practice Products & Services

Focus on Prevention, not Collections

Many firms spend a lot of time trying to collect bad debts instead of preventing them in the first place. You can change that with a good file opening system, with your Managing Partner approving all new clients and files…more
| Business Organizations, Law Practice Products & Services
Contact


Vancouver, British Columbia, Canada

Contact: Colin Cameron


Areas of Practice
  • Business Development
  • Financial Services
  • Firm/Practice Management
  • Training & Education
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