Ride the Tide | Analysing Listed Law Firms' Performance October 10, 2022 Unlike almost every other profession, the legal industry is the only one owned and regulated by its practitioners i.e., lawyers, themselves. However, a few manage to go public and list...
Unstoppable Legal Industry Amid Sanctions (Part 2) October 6, 2022 In our September 2022 article titled, “Unstoppable Legal Industry Amid Sanctions (Part 1)”, we showcased the announcements of leading global law firms regarding boycotting and leaving Russian territory. Everyone knows...
Is Sales Enablement The Next Big Thing for Law Firms? October 5, 2022 Research says that individuals only retain about 10% of what they are taught in-classroom training. In fact, it's estimated that half of classroom learning is lost within the first 24...
The New Normal Is Here to Stay for Small Law Firms October 4, 2022 The Second Annual Smokeball State of Small Law Australia Survey released. The COVID impact of working from home has certainly become the ‘new normal’ for the Australian small law sector...
Light Shone on Inconsistent Hybrid Working Arrangements September 28, 2022 Findings from BigHand’s latest industry report has revealed the extent to which support staff structures are evolving in law firms. With more support staff embracing hybrid working, support staff resignations...
Unstoppable Legal Industry Amid Sanctions (Part 1) September 27, 2022 Close on the heels of the Russian invasion of Ukraine early this year, international sanctions came nipping hard and bans were imposed. Popularly dubbed the “Superbowl of Sanctions”, it impacted...
Start-Up to Scaling-Up Your Legal Practice for Success September 22, 2022 The decision to take your practice from a start-up to a scale-up is not for the faint-hearted. While your growing practice may have a successful business strategy, we know other...
7 Rules of Engagement for High Performing Law Firms September 21, 2022 What I have come to learn is that the very highest performing groups, committees, boards and teams, in the best firms, have established for themselves some written guidelines by which...
Emerging Markets and the Legal Industry | BRICS September 19, 2022 According to 2022 Bloomberg data, India overtook Britain to emerge as the world’s fifth-largest economy. The Indian economy toppled the UK from its position in the last three months of...
U.S. Legal Industry Performance Analysis September 14, 2022 In 2022, the AmLaw 100 announced a collective revenue of $127.4 billion, an increase of 14.8%. The average revenue per lawyer was $1.18 million, up by 12.5% and the average...
Global Legal Profession Opportunities with the SQE September 12, 2022 When the Solicitors Qualifying Exam (SQE) was initially introduced as the new route to qualification in England and Wales by the Solicitors Regulation Authority (SRA), it was met with some...
Safeguarding Your Law Firm's Profitability September 8, 2022 Australian law firms sailed on a banner year with bumper revenues. While on the other hand, they had a counterblast and turned down work due to a lack of resources...
The Legal Iconoclast Expo to Spark Big Changes September 5, 2022 Legal professionals from all over the world will soon be able to attend a first-of-its-kind virtual conference to suit their time zone, with two events taking place at 9 am...
Law Firm Strategic Client Management September 2, 2022 57.1% of clients will change law firms for client service reasons. This ranks higher than factors like legal expertise and cost. This highlights a key issue: law firms are lagging...
Small Law Employers Checklist | Law Council Australia August 29, 2022 The Law Council of Australia has launched a checklist designed to help small legal workplaces and sole practitioners recruit and retain new staff. “This checklist is designed to help legal...