LexisNexis® Legal Newsroom
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...

Training Tips to Maximize Your Software Investment

How to leverage formal vendor training to optimize your firm's software investment and minimize your time and costs Finding the right practice management software is just part of the challenge for a small law firm. The next step is mastering it-and that applies to everyone involved. As a best...

Optimize Your Small, Specialized Law Firm

A few simple rules that you probably didn't learn in law school can take the hassles out of your day-to-day practice management tasks for a better business outcome Most law schools will teach you how to be an attorney-but not how to build a viable practice. The day-to-day realities of managing...

The Digital Bridge

Technology is transforming the courts. It has been said that technology has made the world a smaller place to live. That paradigm applies to the relationship between courts and law firms as well. Recent advances have created the opportunity to literally construct a digital bridge between attorneys...

Surviving Disasters: Business Continuity Plans

What if you couldn't gain access to your office for the next week ... or month? Sounds simplistic, but these are fundamental questions law firms must address. A range of possible disasters-from the obscure, like computer viruses, burst pipes and downed power lines, to the page-one natural (and man...

E-Billing Primer

Since the arrival of the desktop computer, companies have anticipated the paperless office. For corporate law departments, the emergence of e-billing solutions has helped reduce the amount of paper flowing through the organization. The "For Services Rendered" bills of the past have evolved...

The Digital Bridge: Linking courts and law firms electronically and the evolution of the File & Serve judicial solution

Technology is transforming the courts. It has been said that technology has made the world a smaller place to live. That paradigm applies to the relationship between courts and law firms as well. Recent advances have created the opportunity to literally construct a digital bridge between attorneys...

Marketing Your Firm’s Legal Services During an Economic Decline

Times are tough for the U.S. economy. Even if your law firm hasn't experienced a decline in business, you've undoubtedly heard about other businesses that are taking a hit. Some law firms have laid off attorneys. Partners are taking pay cuts. Other firms want to merge in an attempt to save...

Solving Law Firm Diversity Tracking with E-billing Technology

Today, the issue of diversity is a key consideration for corporate attorneys who engage outside law firms to represent their companies. Many companies have enterprise-wide diversity initiatives, but even when this is not the case, law departments have focused attention on including the perspectives of...

Suddenly Solo Law Firms

How to start, run, and grow a successful business when-by choice or chance-you're going it alone For some attorneys, being a solo practioner is an ambition they've been lucky enough to act on. For others, it can be an unexpected reality brought on by downsizing and hiring freezes in a shaky...

Training Tips to Maximize Your Software Investment

How to leverage formal vendor training to optimize your firm's software investment and minimize your time and costs Finding the right practice management software is just part of the challenge for a small law firm. The next step is mastering it-and that applies to everyone involved. As a best...

E-Billing Primer

Since the arrival of the desktop computer, companies have anticipated the paperless offi ce. For corporate law departments, the emergence of e-billing solutions has helped reduce the amount of paper flowing through the organization. The "For Services Rendered" bills of the past have evolved...

Going Paperless

Distribution: The key to a successful paperless initiative Many law firms are making plans to go paperless, and many more are expressing interest in the concept. But not many of these companies are considering how they'll move all those e-papers from person to person-with accountability and without...

Law Firm Business Continuity and Contingency Planning

Establishing contingency plans to maintain daily access to your critical information and ensure that your business functions are available to customers, no matter what, lays a solid foundation and prepares your firm for any disaster, natural or manmade For small law firms, the need to keep your doors...

Reducing Liability Exposure

How the right software and management processes can help you avoid clerical errors and keep malpractice problems at bay A review of the 9,221 LAWPRO-listed claims made between 1999 and 2004, covering all practice areas, shows that only 10% of these claims involved a failure to know or apply the law...

Suddenly Solo Law Firms

How to start, run, and grow a successful business when-by choice or chance-you're going it alone For some attorneys, being a solo practioner is an ambition they've been lucky enough to act on. For others, it can be an unexpected reality brought on by downsizing and hiring freezes in a shaky...

Surviving Disasters: Questions and Considerations for Law Firms Preparing Business Continuity Plans

What if you couldn't gain access to your office for the next week ... or month? Sounds simplistic, but these are fundamental questions law firms must address. A range of possible disasters-from the obscure, like computer viruses, burst pipes and downed power lines, to the page-one natural (and man...

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...

Clients Still Hire Lawyers Not Law Firms, So Get Off Your Duff!

Over the years I have met many a lawyer who wasn't into marketing or sales. The reason: the firm will do it. Well, the firm can't do it. Individual lawyers must, because clients continue to hire lawyers, not law firms. In a recent article entitled "How to Make It Rain By Marketing...