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 • Blawg 100
Recent Posts from More Partner Income
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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…
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Know Your Alternatives: Retainers - Using an Old Friend
The reality is that the majority of firms have concerns when it comes to their billing and collection practices. There is a lag in activity and that causes a loss in realization and an opportunity…
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Pervasive Business Intelligence
In a speech at Computerworld 's Business Intelligence Perspectives conference in September, Dan Vessett, an analyst at IDC (global provider of market intelligence) spoke about "pervasive Business Intelligence." He theorized that corporate...(read more)
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Notes on Diversity from the Counsel to Counsel Summit
Today's post is guest authored by Grace Lee. Grace is the Product Manager for Lexis Diversity Insight. I was just at Martindale-Hubbell's Counsel to Counsel Summit in LA last week, and it was an energetic…
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Notes from the 2009 Redwood User Conference: Driving Value
This post is guest authored by Chris Katchuk who worked hard to help organize the 2009 Redwood User Conference in Chicago from September 22-23. By the year 2004, Redwood Analytics had been providing Business Intelligence…
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Know Your Alternatives: The Blended Rate - An Alternative Arrangement or Not?
It may seem odd to jump from speaking about the "pinnacle" of the alternative arrangements ( the fixed fee ) to what many consultants believe is not an alternative arrangement at all, the blended rate.…
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Client Attentiveness
I recently read an interesting article by Chris Mondics in the Philadelphia Inquirer about how some area law firms have been able to hedge against the recession woes facing many of their peers by relying…