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Revenue – Cost = Profit: The basic equation that governs business. Yet this remains an elusive, not-yet-understood equation for most law firms. This fourth post in a series on law firm profitability will examine what this equation could and should mean to law firms.
As various legal markets shift from rates to fee pricing,

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[Guest Blogger Eric Hunter]

Why Google Apps? Why Not.
I know, it sounds a little nuts, but Google is going to take over the world, our collective consciousness and all of us in it, so we might as well just jump on board! Seriously though, from a strategic investment perspective, there’s a lot to

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Locke Lord Splash Screen

Locke Lord Bissell & Liddell (Locke Lord) released their own iPhone app this week. Although there are only a handful of BigLaw firms that have created iPhone apps, I think that most of “wow” factor faded at this point. These apps are still very useful, but tend to be more of…

Based on comments from the prior post, “The End of Write-offs?” I thought it would be a good idea to peel back another layer on this onion. The prior post was purposely over-simplified, to focus on the issues of AFAs and LPM. This post will better explore the impact of realization on

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I recently bumped into some old colleagues of mine and we were talking about the changing face of knowledge management and library departments in law firms. We talked about how there really is no one-size-fits-all for these departments; each should evaluate itself in its current space, and assess the best place for it to be

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