More Partner Income
"Dedicated to ideas and techniques for the financial management of the law firm with the objective of increasing the income of equity partners."
Author: Russ Haskin is director of consulting at Redwood Analytics/LexisNexis; Brian Taaffe is a consultant at Redwood Analytics/LexisNexis; Jonathan Huyard and Rick Rawls are senior consultants with Redwood Analytics/Lexis Nexis; Norm Mullock is the Redwood product champion for LexisNexis; Kris Satkunas is director of the Redwood Think Tank; Derek Schutz is the director of progams with Redwood Analytics/LexisNexis; and Bo Yancey is the director of professional services with Redwood Analytics/Lexis Nexis.
Blawg Related Categories: Law Firms • Partners • Law Practice Management • Legal Marketing & Consulting • Consultant
Recent Posts from More Partner Income
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Leverage - The 2009 Scenario
Four times per year we host the Redwood Forum, which is a chance for Redwood users to get together online and talk about business intelligence, law firm management and finance, and the role our tools…
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Around the Web
We've been quite busy around here with the rollout of the new LexisNexis/Redwood Planning Application so I thought this week I'd bring you some coverage of Redwood from around the web. First off, Norm Mullock…
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Know Your Alternatives: Another Week – Another Conference
As I mentioned last week, there is no doubt that alternative arrangements are the hottest topic this year. It is by far the number one topic firms are asking about and the number one conference…
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Key Performance Indicators
I recently read an article posted on Bruce MacEwen's blog Adam Smith, Esq. titled " The Great "Laterals" Conversation, Chapter 2 ". The article itself is insightful and speaks largely on (surprise, surprise) lateral hires.…
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DIY or Not?
We all have home improvement projects on our To Do list. Are you a do-it-yourselfer or do you prefer to hire someone to get the job done right? If you're like me you just keep…
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Know Your Alternatives: The Never Ending Series
I realized when I started this series that hypothetically it could go on forever. In previous posts, we have discussed fixed fees, capped, fees, contingent work, value based pricing, retainers, and other alternatives to the…
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The Art and Science of Business Intelligence
It is not unusual today for companies to compete on analytics, as Thomas Davenport famously wrote about in the article "Competing on Analytics" for the Harvard Business Review in 2006. There are companies in the…
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Know Your Alternatives: Capped vs. Fixed Fees
In previous posts I have referred to my preference to the fixed fee arrangement . In addition I have also commented that as firms are building their repertoire and gaining trust with clients, capped fee…
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Thoughts on the ACC/Serengeti Managing Outside Counsel Survey
The 2009 ACC/Serengeti Managing Outside Counsel Survey , as reported at Association of Corporate Counsel's annual meeting this week in Boston , has some interesting notes which are relevant to what we've been blogging about…
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Know Your Alternatives: Contingent Work Basics
At our User Conference this year we had a presentation called "Contingent Work: Worth the Investment?" The title of this presentation poses a question that is asked by many firms, especially those that are large…