Our Law Firm Consulting Services consist of:
Partner Issues
- Admission Criteria
- Compensation
- Accountability
- Facilitating firm retreats
Credit and Collection Management
- New client intake criteria
- Improving cash collections
- Training collection personnel
Associate Matters
- Incentive compensation
- Time management
- Evaluation criteria
- Requirements for partnership
Practice Development
- Analysis of activities
- Formulating strategic objectives
- Developing marketing plans
- Expanding referral relationships
- Training professionals to market
- Rewarding successful individuals
- Using the “Internet” to market
- Monitoring individual progress
- Developing products such as:
— Brochures
— Seminars
— Client surveys
Financial Management
- Financial reporting systems
- Training partners to read reports
- Creative client billing strategies
- Timekeeping and billing systems
- Developing expense controls
- Insurance coverage analysis
- Disaster planning
- Capital asset funding
- Budgeting procedures
- Retirement planning and funding
- Funding new partners
- Transition planning
Strategic Planning
- Identifying a long term “vision” for the practice
- Evaluating the quality and scope of client services
- Selecting key objectives
- Turning key objectives into achievable projects and coaching their successful completion
- Monitoring, on a scheduled basis, the accomplishment of defined goals
Computer Systems and Software Evaluation and Selection
- Evaluating and recommending particular solutions
- Negotiating contract terms
- Supervising vendor installations
Mergers and Acquisitions
- Analyzing history of candidates
- Pre-merger questionnaire
Assisting in the evaluation of the compatibility of cultures