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The COVID-19 pandemic has undoubtedly had a seismic and lasting
impact on how the business of law is conducted. Whilst 2020
certainly expedited changes that were already trending - flexible
work schedules, fully-remote offices, revised resource allocations,
new client expectations - it also forced firms to adopt practices,
methodologies, and strategies that pre-COVID they insisted they
could not. These changes are not only here to stay but have become
the expectation. Law firm attorneys, staff, and indeed clients are
no longer interested in a traditional office, nor the practices
that typically occurred within them. The modern law firm needs to
evolve with both employee and consumer expectations in order to
stay abreast with the post-pandemic world. The Post-Pandemic Law
Firm looks at how law firms can make a paradigm shift, adopting an
entirely new business model that focuses on providing outcomes,
outputs, and results to their clients and internally places the
wellbeing of their team as a cornerstone to the future long-term
success and sustainability of the legal profession. Chapters
include changes to business models, virtual and remote working, how
the pandemic has affected women in the profession, the future of
dispute resolution, M&A activity and changes to pricing models
- all authored by highly respected practitioners in the modern
legal system. For those law firms leaders and lawyers that realize
a 'return to normal' is exactly the wrong approach, there is an
opportunity to create a brighter future where work-life balance,
market innovation, and smart use of technology will define the law
firm of the future.
Could you benefit from expert guidance on how to stay competitive
and streamlined in a legal marketplace that is increasingly
competitive? Law firms are finding it harder to adapt quickly to a
legal landscape that is constantly evolving. That's why it's
imperative for law firm leaders to recognise and respond to this
change in order to stay competitive. While the economy has
improved, key challenges from the recession remain. Clients are
more demanding, reducing cost is as important as it ever was, and
firms realise that operational efficiency is crucial to gaining
small but important margins. In this market, those small margins
can be game-changers for large and small firm alike. This new and
updated edition of The Lawyer's Guide to Strategic Practice
Management equips law firm leaders with the very latest guidance
and market knowledge on how to improve and refine current
management strategies in order to thrive and compete in today's
legal marketplace. From the latest developments in technology and
AI, how to improve your firm's coverage on LinkedIn to increasing
motivation to act on cross-selling opportunities, this guide is an
amalgamation of guidance from the most talked-about thought leaders
in the legal sphere. The second edition contains 7 new chapters
covering strategy; market and client development; people and talent
management; finance and pricing and optimisation and technology.
Key features of this updated guide 33 chapters covering six key
areas of law firm management Contains valuable material such as
diagnostic questionnaires, how-to guides, case studies and
action-planning worksheets Hear from a range of thought leaders and
experts in the law firm management sphere including: Viv Williams
(CEO of 360 Legal Group) Patrick J. McKenna (strategist and advisor
to premier law firms) Chrissie Lightfoot (CEO of EntrepreneurLawyer
Ltd) Geoff Coughlin (co-founder of Emphasis on Skills Ltd) Order
your copy of this guide to: Review revenue and profit models,
profitability strategies and law firm profit drivers Examine the
various alternatives to the traditional billing hour Measure and
manage the performance of your lawyers Find market niches and
develop individual business development strategies Learn about the
adoption of client listening programmes Use big data for billing
and cost and forecasting analysis Build the business case for legal
project management Improve client and staff communication,
connectivity and collaboration strategies Inform your management
strategy with the very latest market insights and find solutions to
your management challenge. Order your copy of this updated guide.
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