With the end of the year fast approaching, now is the time for law firms to make a push for current year collections as well as prepare for next year. It is an excellent time for firms to reflect on...

Are you getting the financial information you need to make informed decisions?  Receiving accurate and timely financial data seems to be a consistent area of concern for most law firm leaders.  If any of the following are not true at...

Citi and Wells Fargo announced their survey results for the 3rd quarter of 2017 both noting  continued declines in profitability for small and mid-size law firms.  Results also indicated that for the first nine months of 2017 revenues at these...

The first quarter of 2017 saw a continuation of soft demand among the AmLaw 200. Not surprisingly, law firms are now responding with additional layoffs. Most firms have already reduced their ongoing operating costs. Therefore, the only vehicle left to...

The financial results for 2016 are in and the story is somewhat mixed for small and mid-size firms but the message is clear - profitability needs constant attention and management. After spending countless hours with law firm leaders over the...

As 2017 begins, we wanted to reflect on the state of small and mid-size law firms and the challenges they face.  After spending countless hours with law firm leaders over the past 12 months, a clear picture emerges regarding the...

If you haven’t made a business plan for 2016, it’s not too late to develop one.  Successful businesses take the time to look back at their accomplishments and challenges they faced during the previous period and then create a plan...

'Tis the season for New Year's Resolutions. Common resolutions include spending more time with the family, exercising more, losing weight or cutting out chocolate...completely.  But by the end of January, speaking from personal experience, resolutions seem to get pushed to...