Research & Whitepaper | Archive | 2014
Benjamin Brewster said: A lawyer starts life giving $500 worth of law for $5 and ends up giving $5 worth for $500. It is a sad indictment on certain elements of the legal profession that although Benjamin Brewster died in the 1880s, many clients in 2015 would still agree with his sentiments.
Word of mouth is one of the best ways to sell a product or service. Many consumers rely on reviews for information about goods and services to assist in purchasing. A glowing testimonial or endorsement can have a strong influence on a consumer's decision to purchase a product or service.
LexisNexis spoke with over 100 in-house lawyers to understand the corporate legal landscape in real depth. Among the key themes that emerged, in-house lawyers spoke most passionately about the need to really create value for their organisations.
The advisory board recognised that developing genuine business insight is a critical first step before encouraging in-house lawyers to develop closer relationships with business colleagues.
It doesn't need to be said that clients are the most essential aspect of every legal professional's practice — after all: no clients, no practice.
Workflow and Productivity in the Legal Industry
How today's legal professionals are responding to the changing landscape
The rise of the use of technology in the legal profession to achieve greater efficiencies and flexibility has been well documented.
How many times a day, as a Partner or Sole Practitioner, do you wish for less IT hassles, lower costs for equipment maintenance or enhanced productivity through the use of technology? However, you didn't get past the point of thinking about it.
Every new law firm owner starts out doing pretty much everything. Hard work and sacrifice are part of the price of starting a new business.
The Legal Profession is under pressure to change and selecting the right Practice Management System is essential to the long-term success of a practice.