Six steps to better budgets (Part 2 of 2)

Step 4: Look for ways to lower costs In the current competitive environment, if your budget perfectly reflects past history, it may not be low enough to win the work. For many years, there was little pressure on lawyers to lower costs or to work more efficiently. Then the economy headed south, and...

Required Viewing: Paddy Ashdown on the “Global Power Shift”

My colleagues at Walker Clark and I frequently stress the critical importance of informed strategic planning. Part of that information should include an in-depth understanding of the major trends that are shaping our changing world. Although global in scope, such forces have powerful effects on national...