More Partner Income

Legal Business Community

MichelleStPierre — Mon, 01 Feb 2010 19:52:00 GMT

As you may know, LegalTech, which is a very high profile legal technology event, is going on in NYC this week. Lots of big announcements from many big players, including our parent company, LexisNexis, who announced a partnership with Microsoft. Not to...(read more)

Future of the Legal Industry

MichelleStPierre — Tue, 12 Jan 2010 22:09:00 GMT

I usually post here, and then "tweet" (using our handle @morepartnerinco ) about what I posted. Today I just have a quick post, to direct you to some activity earlier on Twitter about the future of the Legal Industry. Our colleagues over at...(read more)

A New Year for All

MichelleStPierre — Tue, 05 Jan 2010 15:50:00 GMT

After suspending his blog back in June of 2008, David Maister has officially announced his retirement today , not just from blogging, but from all consulting, speaking, and writing engagements. We here at MPI wish him well in retirement, but recognize...(read more)

LexisNexis Redwood Business Development Application Launches

MichelleStPierre — Tue, 29 Dec 2009 21:19:00 GMT

The economic challenges of 2009 have resulted in a growing demand within law firms for comprehensive client relationship, practice area and industry-footprint intelligence, as well as effective identification of the right business development opportunities...(read more)

Know Your Alternatives: External Ethics

RussHaskin — Tue, 22 Dec 2009 18:07:00 GMT

Last week I had the pleasure of being a presenter on a webinar held by the Center of Competitive Management that focused on the ethical considerations of alternative arrangements. It is a topic that has not been given proper attention as AFAs continue...(read more)

Bankruptcy Practices at Odds with the "Story of the Year"

BoYancey — Mon, 21 Dec 2009 17:48:00 GMT

Bankruptcy lawyers have been quite busy this past year, and firms have enjoyed exceptionally high billing rates for many pieces of work . This isn't surprising; in the wake of last year's economic crisis, many companies have sought protection...(read more)

Know Your Alternatives: Internal Ethics

RussHaskin — Wed, 16 Dec 2009 18:49:00 GMT

Although this will indicate a piece of my style of humor, one of my favorite movies happens to be Billy Madison with the great Adam Sandler. Not to bore you with the details of the film, but if you are familiar with this piece of cinematic genius you...(read more)

A Little Dose of Reality

RussHaskin — Mon, 14 Dec 2009 18:20:00 GMT

As 2009 closes and the legal industry is scrambling across the country, many firms are realizing that their collection pushes are not going to bring them anywhere near their original budgeted fee collections. Much of that is due to the economic conditions...(read more)

Planning Concepts and a Sneak Peek at the LexisNexis Redwood Planning Application

MichelleStPierre — Thu, 10 Dec 2009 14:45:00 GMT

Planning Overview The LexisNexis Redwood Planning application is a sophisticated management tool that uses a firm's profitability model to look at client planning and alternative choices in the staffing and pricing of new matters as well as the consequences...(read more)

Know Your Alternatives: The Billable Hour and Sensational Headlines

RussHaskin — Wed, 02 Dec 2009 18:10:00 GMT

I woke up this morning and started to read up on the recent news articles as I do each morning. There has been a lot of press around alternative fee arrangements and much of it is needed. What I have not been pleased with is the sensational headlines...(read more)

Getting Started: Competitive Intelligence in Law Firms

MichelleStPierre — Mon, 30 Nov 2009 14:00:00 GMT

Today's post on the value of Competitive Intelligence at law firms is from guest blogger Christopher Whitmore, senior director of product planning at LexisNexis atVantage, a competitive intelligence tool that analyzes trends and market data for the...(read more)

Happy Thanksgiving!

MichelleStPierre — Wed, 25 Nov 2009 14:00:00 GMT

I want to take this chance to wish all of our readers a very Happy Thanksgiving! As our CEO Mike Walsh reminded all of us here in LexisNexis US Legal Markets via email yesterday, "Today, Thanksgiving is marked by football, the Macy's Thanksgiving...(read more)

Know Your Alternatives: This is Not the Time to Hold Back

RussHaskin — Mon, 23 Nov 2009 20:07:00 GMT

In earlier posts I have emphasized the need for establishing a process around alternative fee pricing, tracking, and execution . To do this you have to understand your culture and have the right people in place and the right partners on board. I want...(read more)

Leverage - The 2009 Scenario

MichelleStPierre — Fri, 20 Nov 2009 18:22:00 GMT

Four times per year we host the Redwood Forum, which is a chance for Redwood users to get together online and talk about business intelligence, law firm management and finance, and the role our tools play in that space. The following post is guest authored...(read more)

Around the Web

MichelleStPierre — Thu, 19 Nov 2009 18:36:00 GMT

We've been quite busy around here with the rollout of the new LexisNexis/Redwood Planning Application so I thought this week I'd bring you some coverage of Redwood from around the web. First off, Norm Mullock - Vice President, Product Strategy...(read more)