Legal Business

Recent Posts

New legal project management book published today
Posted on 25 May 2011 by Jim Hassett

The material below is an excerpt from the second edition of my Legal Project Management Quick Reference Guide , which is now available. Copies have already been shipped to purchasers from firms with a total of over 16,000 lawyers, who pre-ordered... Read More

Book review: Project management for lawyers
Posted on 13 Jul 2011 by Jim Hassett

Buy this book. (Right after you buy mine .) Project Management for Lawyers was written by two experts in this emerging field: Barbara Boake , a senior partner at McCarthy Tetrault , and Rick Kathuria, a certified Project Management Professional at... Read More

How Should Law Firms “Gear Up” to Manage Projects Better? – A 50,000-foot View (Part 1 of 2)
Posted on 30 Jun 2010 by Jim Hassett

This two-part series was written by LegalBizDev Principal Steve Barrett , former CMO at Drinker Biddle. It is based on an article that will appear in Of Counsel: The Legal Practice and Management Report. Approaching the second anniversary of the September... Read More

Who was the first to certify legal project managers?
Posted on 11 May 2011 by Jim Hassett

There's been some controversy lately about who was the first to offer certification in legal project management. There does not seem to be any dispute about the facts. Last November, when we announced the start of our demanding Certified Legal... Read More

The billable hour: How sick is it?
Posted on 8 Sep 2010 by Jim Hassett

The failure of the billable hour to die is back in the news. In a recent AmLaw Daily post entitled The Billable Hour Endures , former Kirkland & Ellis partner Steven Harper argued that, "Regularly over the past 20 years, optimists have declared... Read More

Alternative fee strategies (Part 2 of 3): Conservative risk avoidance
Posted on 13 Oct 2010 by Jim Hassett

This three-part series is reproduced from the LegalBizDev Survey of Alternative Fees , a research report based on in-depth interviews with chairmen, senior partners and C-level executives at 37 of the largest law firms in the US. More conservative... Read More

An introduction to legal project management (Part 3 of 3)
Posted on 14 Sep 2011 by Jim Hassett

This series of posts is a slightly extended version of an article that appeared in the July 2011 issue of Managing Partner magazine . To download a PDF of the published version of my article, click here. Firms that are looking for more affordable... Read More

A lockstep revival?
Posted on 14 Dec 2010 by Norman Clark

In recent months, a substantial part of our firm's practice has involved working with law firm partners to improve their compensation systems. (I am currently working on four such projects with firms in Latin America and Africa.) One interesting... Read More

Should you buy Pat Lamb’s new book on alternative fees?
Posted on 14 Jul 2010 by Jim Hassett

In my opinion, any lawyer who wants to understand the nitty gritty details of how non-hourly fees really work, from pricing to project management, should buy Pat Lamb's new book Alternative Fee Arrangements: Value Fees and the Changing Legal Market... Read More

What’s different about LEGAL project management?
Posted on 22 Jun 2011 by Jim Hassett

A few weeks ago, Three Geeks and a Law Blog ran a post entitled "Is it 'legal' project management or just project management? ," which included very interesting comments by a who's who of thought leaders in the field, including... Read More

Still Not Offering Clients Alternative Fees? Beware!
Posted on 24 Aug 2010 by Tom Kane

If you still don't like the idea of offering clients alternative fees or value pricing options, then how about just letting the client decide how much they want to pay for legal services? WHAT!!!, you say. A pretty far fetched (or ludicrous) idea... Read More

Are Clients 'Demanding' Change?
Posted on 8 Sep 2010 by Steven B. Levy

Adam Smith, Esq. has an excellent piece this morning , based on a Legal OnRamp thread, questioning whether corporate clients are actually demanding the changes so many of us are talking about, from alternative fees/value-based billing to legal project... Read More

Why alternative fee revenues will keep going up
Posted on 19 Jan 2011 by Jim Hassett

In 2010, 60% of Tucker Ellis & West's revenues came from non-hourly fees. In the seven years since the firm was founded, alternative fee arrangements (AFAs) have been growing in importance year by year. The firm currently has 160 lawyers in Ohio... Read More

Why project management is becoming increasingly important to law firms
Posted on 21 Jul 2010 by Jim Hassett

This week's post comes from the preface to my new book . The preface starts by explaining how to use the book's tools and templates to improve profitability and client service, then transitions to the material below, explaining why project management... Read More

Planning for “The Third Depression”
Posted on 28 Jun 2010 by Norman Clark

Nobel Prize laureate Paul Krugman has a very important column in today's New York Times . His title "The Third Depression," along with the thoughtful analysis that he presents, communicate a clear warning to law firms that depend heavily... Read More