LexisNexis® Legal Newsroom
LexisNexis Legal Business Community Staff
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...

LexisNexis Legal Business Community Staff
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...

Kris Satkunas
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...

LexisNexis Legal Business Community Staff
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...

LexisNexis Legal Business Community Staff
How to Manage Your Law Office: Types of Fees

Hourly fees are the predominant billing method used by law firms. Beginning in the late 1980s and early 1990s, some clients began to object to this method and to any form of lawyer billing rate increase. Fueled by a recession and growing consumer sophistication...

Legal Business Community Team
Fast-Growing Law Firm Gains 35 Percent More Billable Time By Using Time Matters® Software

When Richard "Bert" Diener decided to leave the law firm where he practiced and open his own firm, he knew it would be crucial to make effective use of leading-edge technologies in order to maximize his practice efficiency and minimize his staff...