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In today’s complex environment, understanding the nuances driving associate behavior is not just an option — it’s an imperative. Chain drug...

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It’s Time to Get Rid of the Black Box Model

That said, not all pay-for-performance models are created equal, either. Despite freeing up partners to focus on revenue generation, many large firms...

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How Do Law Firms Incentivize Nonequity Partners to Move Up the Ladder?

Provide a clear path forward for those willing to work for it, while providing justification for eliminating those who don't. While it’s...

July 10, 2024

Retaining Retail Labor: Balancing Constantly Changing Stay/Quit Drivers

It’s staggering to think that despite the much commented death of the high streets, retail still accounts for 26% of all...

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Three Major Reasons Why Teams Fail

If you recognize even one of these behaviors, there’s a big problem with your business. But it’s not too late to...

February 18, 2024

Setting Up For Success: How to Finish Out 2023 Strong and Thrive in 2024

How can firms end 2023 strong and set up for success in 2024? As many firms and leaders look towards the end...

January 29, 2024

Banks Cannot Skimp On AI Vendor Vetting

The recent leadership gyrations at OpenAI and Microsoft are unlikely to have a direct and short-term impact on how banks should...

January 19, 2024

A Data-Driven Approach to Partner Compensation: Enhancing Objectivity and Transparency

Getting partner compensation right is critical to ensuring sustainable performance for a firm’s clients and staff, as well as long-term firm...

November 28, 2023

Protecting and Growing Revenue Streams: Client Retention Takes Vision and Execution

Competition in the legal market is cutthroat, and today clients have more information at their fingertips than ever before — meaning...

November 15, 2023

Unleashing Partners’ Full Potential Through Specialized Roles Will Also Increase Revenues

Accounting firms are increasingly asked to provide new expertise to their clients in response to phenomena like global crises, volatile economic...

August 4, 2023

How Data Can Help You Deliver Big Wins for Your Firm

Professional services firms have long known that they have a valuable set of data, and they collect more every day. However,...

July 18, 2023

Your Data & Technology Are Not Delivering You Value – Here’s How to Fix Them

An investment in legal technology can leverage firms into delivering legal services efficiently and cost-effectively, partners at Lotis Blue and Estrada...

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