More Partner Income
"This site is dedicated to ideas and techniques for the financial management of the law firm with the objective of increasing the income of equity partners."
Author: Brian Ritchey is the blog's host and chief contributing editor as well as editor-in-chief of the Managing Partner Advocate, a publication focused on issues affecting law firm managers. M. Thomas Collins founded Juris, which launched the blog. Collins formerly worked as a CPA with Price Waterhouse.
Blawg Related Categories: Law Firms • Partners • Law Practice Management • Legal Marketing & Consulting • Consultant • Blawg 100
Recent Posts from More Partner Income
-
How BI Deployment Can Be Like a Plane Crash
At Redwood, we know a lot about implementing Business Intelligence systems at law firms, as we’ve been involved in hundreds. We don’t know much about plane crashes, but Malcolm Gladwell dedicates a whole chapter to…
-
Leaving it on the Table
I have a nasty little habit of tossing change down in random places in my home, office and car and subsequently losing it. All of my co-workers know that if they need change they can…
-
A Bright Spot Ahead for Firms
Despite the state of the economy, there might actually be a bright spot on the horizon for firms who are willing to creatively staff and plan matters, and use leverage to move work to lower…
-
Law Firms Focusing on Collections Should Not Overlook Billing Practices
It is no shock that law firms, reacting to the current economy, are focusing on collections. Cash is still king. Collections push efforts have moved beyond the 4th quarter and are now equally important in…
-
Part Two of Leverage: Friend or Foe
In Leverage: Friend or Foe of Maximized Profits per Partner I discussed an approach that a firm could use to address the dropping demand for legal work. In short, this approach suggested that a firm…
-
Martindale-Hubbell Connected Launches Networking for Lawyers
Social networking has evolved significantly from pressing the flesh at boring seminars and dinner events to the online world of LinkedIn and other such sites, and at LexisNexis we’re proud to be a part of…
-
LEVERAGE: Friend or Foe of Maximized Profits per Partner?
There has been a significant amount of debate on the subject of leverage over the past few weeks, and there appears to be some passion around the concept. Articles have attempted to show that it…
-
Too Good To Be True
Shortly after I graduated college I had just been dumped by college sweetheart, was not happy with my original career choice, and my billfold was getting smaller and smaller as the country was in a…
-
The Lost Measure: Cost of Capital – Stress Test Your Firm
When I started working with law firms in 1999, I used to have heated (and futile) debates about the importance of the time value of money in assessing firm (or practice, billing lawyer, etc.) performance.…
-
RFP’s: A Necessary Evil
As we’re all aware, in today’s economic climate there is a big focus on cost reduction. It’s no surprise, then, that RFP’s are being used with even greater frequency by purchasers of legal services. The…