The Proof of Concept for Legal Project Management in Law Firms requires KPIs Management concepts are frequently accompanied by adages that are packed with nuance: “You can’t improve what you can’t describe.” “You can’t manage what you can’t measure.” Both concepts are important when focusing on the bottom line. What will look different when comparing “before and after”? What are the attributes that can be examined by qualitative (subjective) measures as well as hard financial…

The Proof of Concept for Legal Project Management in Law Firms requires KPIs Law firms consider using Legal Project Management (LPM) as a strategy to protect margins and improve competitiveness and client satisfaction. The first steps a firm takes towards LPM implementation may be generic training programs or practice group seminars. Others designate a few key partners or professional staff to participate in industry groups so they can benchmark and serve as an internal resource.…

Aileen Leventon is proud to be an author for #LPMBig Idea, and an author of Globe & Law Business’ book , Legal Project Management 4.0 Next Stage: Legal Project Management Book Preview The book covers topics from those in the trenches: use cases, how to improve collaboration with other functions, change management and so much more. We have gathered experts from all over Western and Central Europe, the US and Canada and Australia. Legal Project…

Law firms are a particular breed of professional services firm with metrics, staffing and operational models that are unique to the legal industry. In this course, we present the basics on how services provided result in fee revenue, the components of fixed and variable expenses, and how profits are distributed. Basic introduction to financial accounting terms and important concepts like efficiency discounts and outside counsel guidelines. For more information, click here! The post How …

Legal education is focused on doctrinal courses and increasingly clinical education. Translating this knowledge into effective and valuable legal services requires “soft skills.” Law Strategy Coach has been founded to provide education and learning experiences for practising lawyers and allied professionals who wish to be more successful by acquiring critical knowledge on all the topics that are not taught in law school or anywhere else. Programs are based on best practices in adult education and…

 After-action reviews lead to greater efficiency, cost-effectiveness, responsiveness, professional development, managerial skills and knowledge. The improvements that results from acting on these findings of an AAR enhances competitiveness, client loyalty, teamwork and profitability. From the client’s perspective, the relationship with the firm should be more valuable as a result of greater accountability for costs and legal results, transparency and continuous improvement in how work is done.  White-Paper_AAR-Value-of-Taking-Stock_090418 The post The value of taking stock appeared…