Savvy law firm leaders can define new ways of navigating today’s legal market by drawing on a combination of proven tactics and innovative best practices including:...
Gateway Practices are a law firm’s exclusive invitation into an elite club. They not only provide intimate insights into a client’s most sensitive, high-value needs, but also offer priority access to new business opportunities in other areas (such as high-rate, high-growth opportunities). BTI Premium Practices Forecast 2011, based on input…
BTI’s Law Firm Leader Confidence Index rose to 52.85 in third-quarter 2010 – a decidedly positive change from the previous quarter’s rating of 45.83. The most notable change between second- and third-quarter is the...
All signs point to stabilization of the legal market. After some disappointing setbacks, the legal market is poised to grow in 2011. This directional shift joins anticipated spending increases in such strongholds as...
Practice area trends of 2010 and 2011 have been anything but expected. Contrary to historical ebbs and flows, such as litigation spikes in downturns, today’s legal market is bucking the trend. In everything from corporate work to bet-the-company litigation, periods of growth and decline are sporadic, short-lived and, at times,…
Wind, Fire, Earth, Water. These are Mother Nature’s mighty forces. They change, shape, mold and occasionally devastate the most stalwart opponents. Their enormity is legendary. Their magnificent power undisputed. Among law firms, few can claim such epic strength as these four elements. The Fearsome Foursome is the exception. Four law…
REM’s apocalyptic hit ceaselessly inventories a parade of revolutionary events that will forever alter our world. From earthquakes to government coups, the jangly tune invokes visions of awesome transformation. The end is catastrophic. Comparing forthcoming changes in litigation to the Apocalypse is certainly melodramatic. The pending developments in litigation are…
4 out of 5 clients get their best value from old-school hourly billing, according to candid feedback from more than 250 GCs. While experts, the press and even law firms spend scores of hours touting the "death of the billable hour", corporate counsel continue to funnel over 90% of their…