News & Analysis as of

Law Firm Partners

Emotional Intelligence Has 12 Elements. Which Do You Need to Work On?

by Adrian Dayton on

I like to consider myself a person of higher EI, and this article really hit home. If you think of every character trait as being a trade-off between two, a higher EI trait means a lack in something else....more

When a Law Firm Grows Up-Five Steps to Maturing Well

by Hayse LLC on

Sometimes it is as simple as two lawyers acting on obvious synergies and a law firm is born. Once the firm is birthed, the days are heady ones as basic startup chores are mixed with the never-ending pursuit of clients, doing...more

See No Evil, Hear No Evil, Speak No Evil

by LawVision Group LLC on

The three wise monkeys of Buddhist tradition were said to represent the positive personality trait of not fixating on the negative or on evil thoughts. But in the business world, and certainly in the legal industry, a less...more

Law Firm Leadership is Like Walking the Dogs

by LawVision Group LLC on

On a recent business trip to Latin America I witnessed an interesting everyday event that directly speaks to the value of leadership when dealing with a group of strong personalities. As I was walking along a park I saw a...more

Law Firm Health in Turbulent Times

by Hayse LLC on

Strength and growth come only through continuous effort and struggle. - Napoleon Hill - As the economy begins to show signs of volatility, it may foreshadow risk for many law firms. Additional market disruption may lead...more

Five tips for law firm associates in complying with their professional duties - Associates may sometimes feel that they serve two...

by Dentons on

Associates in law firms have a unique role. Sometimes, they bear the laboring oar of completing legal services under the direction and supervision of partners and other senior attorneys. Associates are often at a point in...more

Its Merger Season-Five Reasons for Your Law Firm to Think About Merger

by Hayse LLC on

Tis the season, but holidays are not involved. Rather, market forces, activity and trends confirm that law firm merger is on the minds of law firms. While mergers once seemed to happen mostly around the start of the year, the...more

Web Exclusive: January 2018: The Top 18 Labor And Employment Law Stories

by Fisher Phillips on

It’s hard to keep up with all the recent changes to labor and employment law. While the law always seems to evolve at a rapid pace, there were an unprecedented number of changes each month in 2017—and if January is any...more

Is Your Law Firm Exposed to Theft?

by Hayse LLC on

Time and time again the news includes another report of a law firm (most often small to medium in size) having been ripped off. The dollar amount involved in a majority of the reported thefts is a few hundred thousand, but ...more

Create Answers to Important Rhetorical Questions in 2018

by LawVision Group LLC on

Rhetorical question – a question asked solely to produce an effect or to make an assertion and not to elicit a reply ( The business of law continues to change dramatically and law firm leaders constantly...more

In Principle: 10 Things Authorised Firms Need to Know for 2018 – The World of Financial Regulation as the UK Prepares to Exit the...

There is much for authorised firms to consider in the year ahead. Firms have been through the intensive period of the enactment of the second Markets in Financial Instruments Directive (MiFID II), but must now step up their...more

Getting Ahead of the Game-Four Thoughts About Operating Successfully in Today’s Market

by Hayse LLC on

Every year about this time some of the major research and analytic minds focused on the legal services industry publish their annual reports or studies. Citi Private Bank/Hildebrandt Consulting LLC’s Client Advisory was...more

The Danger of Success: When 'Good Enough' Isn't Good Enough

by JD Supra Perspectives on

Don't let perfect be the enemy of good, and other in-house management musings....more

Lawyers Suing Lawyers: Spate of Pay Equity Litigation Brought By Female Partners Against Their Firms

by Fisher Phillips on

Call it ironic, but even providers of legal services are targets for pay equity litigation. Case in point: a $300 million dollar class action lawsuit filed against a labor and employment law firm in the U.S. District Court...more

Failing Strategies and Law Firm Success

by Hayse LLC on

I recently finished a review of the 2018 version of the Georgetown University Law Center’s Report on the State of the Legal Market. Although the report contains numerous quantitative facts reflecting continued struggles for...more

Five Steps for Preparing Your Law Firm for a Great Future

by Hayse LLC on

Predicting the future of the legal services industry is no easy task. The complexity of its landscape makes divining next year, let alone the coming years, difficult. Prophesying about the future, however, is not simply an...more

Considering A Merger? 10 Questions to Answer First

by Hayse LLC on

Merger has continued to be a strategic choice for many law firms. The below graphic, drawn from Altman Weil’s Merger Line data, reflects the increasing frequency of announced law firm combinations....more

Four Steps for Driving Non-Equity Partner Performance Towards Equity Partner Expectations

by Hayse LLC on

Firms often find themselves with too many non-equity partners whose performance could and should be better. But because of a long string of promotion decisions and/or lax management, the non-equity partner pool is bigger than...more

When Will the Billable Hour Die? Conversation with Law Firm Change Agent John Chisholm (Part One)

by JD Supra Perspectives on

Changing the ways lawyers charge for their services and, equally important, the ways that clients pay for them, requires more than flipping a switch and sending out a different type of bill. ...more

6 Keys To A Healthy Law Firm – Food For Thought

by Hayse LLC on

For years, we’ve known two things about personal health: ‘We are what we eat’ and ‘We need to move more.’ Specific admonitions and instructions change, but the theme is consistent. The human body needs a balance of nutrient...more

Law Firm Business Development: Holiday Tips

by LawVision Group LLC on

The holiday season is upon us yet again. Wouldn’t it be easier if the end of the year came along at some other time during the year?! Instead, everything seems to get crammed into these last two months resulting into what...more

The Rapidly Shifting Law Firm: Responding to Client Needs and Building Trust

by Goodwin on

Goodwin Senior Counsel Brackett Denniston, former Senior VP and general Counsel at GE, recently sat down with Mike Caplan, Goodwin’s Chief operating officer, to discuss the shifting demands on today’s law firms and how to...more

Five Steps for Law Firms Wanting a Good 2018

by Hayse LLC on

For law firm leaders closing in on the end of 2017, there is no rest for the weary. They are working hard to finish the year off well. Collecting bills, distributing profits, retaining talent are just a few of the things on...more

Underperforming Law Firms Risk Failure

by Hayse LLC on

The measure of success is not whether you have a tough problem to deal with, but whether it is the same problem you had last year. - John Foster Dulles Former Secretary of State...more

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