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Latest Insights from The Mad Clientist

The Stark Divide Driving Profit or Stranglehold for Law Firms

| The Mad Clientist | No Comments
It’s a stark dichotomy. Corporate counsel today find themselves in one of two camps: either seizing strategic opportunities to change the business – or focusing on improving compliance and warding off risk. Either camp creates one of the most compelling business development opportunities for law firms – fueling new growth…

The Law Firm Leadership Crisis: Why No One Wants the Managing Partner Job

| The Mad Clientist | No Comments
It’s the job of a lifetime. Or the job absolutely no one wants. I have worked with at least 4 high PEP firms where no one wanted to lead. The managing partners were ready to step down. No one wanted to step up. They all merged. At other firms, runoff…

Law Firm Growth Surges – But Business Development Investments Nosedive

| The Mad Clientist | No Comments
Revenue is up – make it way up. Attorney headcount is up. Marketing and Business Development (MBD) spend as a percent of revenue is down. As law firms get bigger and fight for laterals and clients – they are allocating less to Marketing & Business Development. The numbers tell the…

CMO’s Pinpoint 7 Make or Break Skills to Bet On

| The Mad Clientist | No Comments
Law firms make a lot of bets. On Talent – Technology – Markets – Leaders and CMOs for instance. These bets offer keen insight into the market, competition, and the skills which can make or break your marketing and BD. This is one reason we asked 121 law firm marketing…
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