by Chris Catapano, CFA, CPA | Nov 1, 2013 | Law Firm Strategy
There has been a lot of recent commentary regarding the “impending doom” of Biglaw. Many industry observers point to a summer sprinkled with strategic layoffs (Weil Gotshal), changing partnership strategies (Patton Boggs), and speculated mergers such as Orrick +...
by Chris Catapano, CFA, CPA | Jul 24, 2013 | Law Firm Strategy
There has been a lot of recent commentary regarding the “impending doom” of the Biglaw business model. Many industry observers point to the recent comments and layoffs at Weil Gotshal. Others highlight a changing partner strategy at Patton Boggs as the...
by Chris Catapano, CFA, CPA | Jul 24, 2013 | Law Firm Strategy
The virtual law firm: Much like “big data” and “the cloud” the virtual law firm is an ambiguous concept. From our perspective, we define the virtual law firm as a business model comprised of a unique collection of senior attorneys who share resources in an effort to...
by Chris Catapano, CFA, CPA | Jul 17, 2013 | Law Firm Strategy
We are often asked to highlight some of the key strategies we recommend for law firms that endeavor to improve cash flow and profits per partner. This article provides a high-level approach to strategic planning – and how our law firm consulting solutions...
by Chris Catapano, CFA, CPA | Jul 9, 2013 | Law Firm Strategy
Law firms participate in a maturing market. Growth is becoming more difficult to achieve. Corporate clients keep more legal matters in house. The emergence of “virtual” law firms is now a reality. The migration of talent from law firms that fail to provide a high...
by Chris Catapano, CFA, CPA | Jul 5, 2013 | Law Firm Strategy
Flat fees are just one of a multitude of alternative fee arrangements being offered by law firms in an effort to fuel growth, enhance differentiation, and provide clients with a degree of economic certainty. Unfortunately, some firms fail to consider whether flat fees...
