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Law Practice Management Business Strategies Legal Operations

Best Era

The Legal Tech AI Bubble Is Real and Some Law Firms Will Get Burned

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Walk the halls of any legal tech conference today and you'll trip over dozens of AI startups promising to revolutionize law practice. Each booth features the same pitch: "We're ChatGPT, but for lawyers!" The valuations are...more

Best Era

High Rates, Low Hours: The Future of Law Will Break Your Business Model

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For decades, law firm financial models have been built on a simple premise: people doing lots of work. The industry has functioned on the billable hour, where time is directly equated with money. It has become a universal...more

Best Era

Will Your Law Firm Exist in 5 Years?

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The legal profession is standing at the edge of a radical transformation. Technology, shifting client expectations, new business models, and the accelerating pace of change are exposing a critical question: Will your law firm...more

LawVision

Proactive Pricing for Law Firms

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A few years ago, I wrote a blog on proactive profitability. Given the evolving dynamics and trends in pricing in 2025, I want to explore a parallel concept: proactive strategic pricing. ...more

Mitratech Holdings, Inc

Changing Out of White Shoes: Why General Counsel Are Moving Work to Challenger Firms

Market Dynamics Are Changing In-House Relationships with Law Firms - A quiet revolution is taking place in outside counsel management: general counsel (GCs) are turning away from the traditional elite law firms — bastions...more

Goulston & Storrs PC

Legal Industry Adaption in the Face of Disruption - SOLID East 2024 Takeaways

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The recent SOLID (Summit on Legal Innovation and Disruption) East 2024 Event brought together legal innovators and thought leaders to explore the intersection of innovation, advanced technology, and the business of law. This...more

Mitratech Holdings, Inc

[Webinar] What's the Matter? Expert Tips for Driving Seamless Matter Management - July 16th, 11:00 am ET

The need for streamlined matter management has never been more critical. Time is everyone’s greatest commodity in today’s market — and yet, lawyers still spend just a fraction of their time on billable work due to...more

Goulston & Storrs PC

Lateral Partner Integration Requires Business Development Plan

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How can law firms attract, integrate, and retain top talent across all levels while gaining a competitive advantage? This is the proverbial question that remains top of mind for recruiters and business development...more

LawVision

Unveiling the Power of Legal Project Management: Driving Performance Through Data

LawVision on

As I geared up to co-chair the 14th annual program on legal project management (LPM) for the Practising Law Institute, I couldn’t help but marvel at the incredible evolution of this field since its inception in 2011. Back...more

Epiq

Leveraging Knowledge Management for Legal Excellence: Strategies and Tools

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Knowledge Management plays a pivotal role in the business of law. The program unearths the latent value of work product, data, and "know-how" that can support and accelerate the practice of law at scale. With the growing use...more

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