Group Practice Organization

In small firms, informality is often the rule. The partners may make a series of decisions regarding many aspects of their practice without a great deal of overall planning. There are few employees, hence, personnel policies may be less formal, within legal constraints. Toward clients, there is a close...

Potential of Integrating Lateral Non-equity Partners

It is no secret that the integration of lateral talent into a law firm often results in a bumpy ride for the firm and the lateral lawyer coming aboard. A study by The Redwood Think Tank emphasizes the profitability gains that can be realized from taking a more strategic approach to lateral integration...

Practice Groups as Part of Organizational Structure

Practice groups have become the driving element for strategy development and implementation. However, experience shows that many firms are frustrated with the effectiveness of practice group operations, with the implementation of practice group planning and with the management/leadership of practice...

Forms of Organization: Centralized vs. Decentralized

Generally, the centralized departments are located in a corporate headquarters and provide legal services for the company in all of its enterprises and locations. In the decentralized law department, the headquarters contains only a general counsel and a few legal specialists. Operating divisions or...

Leverage: The Secret to Increased Profitability

As most legal professionals have discovered, many of the cultural distinctions that have long separated law firms from the business world, when examined more closely, have turned out to be based upon myth rather than the realities of practicing law. One of these myths is that leverage does not significantly...

Will the Future Associate be a Contract Employee?

The future of the legal profession is full of uncertainty. Will the old habits return as they did after previous recessions, or will these changes be permanent? No one knows for sure, but there are some possibilities and trends to take notice of. Cost Cutting: First of all, corporations have become...

Case study of a law firm failure… and its aftermath

The final demise of the British firm Halliwells, reported last week in the on-line edition of The Lawyer , is a good case study in the financial failure of a law firm. The Lawyer summarized the factors that led to Halliwells' failure earlier this month . The failure and breakup of Halliwells is...