Although there is a tendency to jump right into it new matter as soon as the client gives the go-ahead, that is the wrong thing to do. Not only from the standpoint of adequately serving the client and meeting client expectations, but it could end up being a financial disaster for the law firm (Read:
project management
The Future of Law Practice & The Impact on Marketing
This year at the Legal Tech conference the keynote address was by Jim Calloway, a law practice management guru, who serves as director of the Oklahoma Bar Association’s Management Assistance Program. The highlights of his much heralded address on the future of law practice is now a podcast that is worth listening to. It…
Legal Project Management is for Real!
Lawyers have always done project management. They haven’t called it that nor done it in a systematic way. But if you’ve ever managed a legal matter (project) you have done project management, more so if you managed a team, worked within a budget, and on deadline. But, as I mentioned, it’s was likely done in…
Value Pricing Shouldn’t Be Left Entirely to the Client
Obviously, pricing is an important part of marketing your legal services. There is no question that price sensitivity is real; and that clients, particularly in these economic times, are feeling the pressure to minimize legal costs.
Some argue that the cost of legal services should be driven solely by what the client is willing to…
Another Reason Partners Should Learn About Legal Project Management
One of the key issues involved with Legal Project Management (LPM) is “assigning tasks and managing the team.” An integral part of that involves pulling your team together as early in the process to explain the goals and objectives, and plan the tasks involved in an assignment. [For more on the 8 key issues in…
Has the Hourly Billing Model Become An AFA?
In a telephone conference earlier today with a client talking about legal project management and alternative fee arrangements, I was struck by a statement by one of the partners on the call. Although he recognized clearly that AFAs, especially fixed fee matters, makes project management more urgent in today’s legal world. He went on to…
Avoid Marketing Procrastination
Do you procrastinate in your practice by delaying drafting that motion, or answering those interrogatories, or reviewing your pre-bills? If so, then I’ll bet you aren’t doing much better with your marketing activities either. Right? Then you beat yourself up at the end of the day for failing to progress on many of them.
Well…
Legal Project Management Can Help You Get the Fees You Deserve
Many lawyers are reluctant to discuss money with clients upfront. I know when I practiced, it was a topic I would shy away from as much as possible. But, in this day and age, that is less of an option. Clients are more demanding regarding what they will be charged.
Bob Denney has an article…
Legal Project Management as Marketing Tool
It comes as no surprise that legal project management is a hot topic. What did surprise me was the emphasis it got in the recent 2010 ACC/Serengeti Managing Outside Counsel Survey Report released last week. The summary/press release I saw mentioned project management or matter management 12 times.
“Controlling spending on outside counsel remains the…
How Project Management Can Help Your Marketing
Patrick Lamb has this week a post about project management on his In Search of Perfect Client Service blog. Specifically, he comments on the Legal Project Management Quick Reference Guide written by my colleague Jim Hassett of LegalBizDev.
Pat reviewed a copy of the guide and endorses not only the importance of project…