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Channel: Practice Management – TR – Legal Insight Australia
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Lessons learnt: switching to a paperless office

The legal profession is one of the most document-heavy industries around, so how can your firm go paperless? For hundreds of years, lawyers have been dealing with reams of paper, printing indictments...

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Three ways to a more profitable practice (without cutting costs)

When managing partners start to talk about ways to increase a firm’s income, one of the first things they think of is reducing overheads. However, while cutting costs can play a role in improving...

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Will alternative billing work for you? Four things to consider

With increasing pressure from clients to provide greater value and transparency, many firms are offering alternative fee arrangements. But how can you determine which alternative billing structure is...

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The future of law firms: Expansion or niche?

If law firms are to survive the radical transformation making waves through the legal industry, they must evolve their business models in line with changing expectations, technology and service...

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Determining the right law firm compensation model

A successful law firm that wants to retain client satisfaction and its talented team while at the same time achieving sustainable growth and increasing revenue needs to find an effective, tailored...

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Five exit strategy tips for legal professionals

With the baby-boomer generation of senior lawyers and partners on their way to retirement, one of the topical issues surfacing in the legal regulatory landscape is effective succession and exit...

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What lawyers need to survive in this age of smart technology

As successive generations of smart technology take over more complex legal tasks, there is speculation that computers may render lawyers obsolete one day. So how can lawyers utilise new technologies to...

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How does your emotional intelligence and thinking style impact you?

A high level of emotional intelligence is vital for any lawyer, but how does your EQ and thinking style combine to make you an effective practitioner? Firms striving to distinguish themselves from...

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Succession planning for sole practitioners

A sole practitioner’s career can be very rewarding and fulfilling. But what happens when you’re ready to step down? If you haven’t thought about succession planning and future-proofing your practice,...

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The highs and lows of legal outsourcing

According to the Commonwealth Bank’s Legal Market Pulse report: “71 per cent of top-tier firms and 42 per cent of mid-tier firms agree that the pressure from clients to use Legal Process Outsourcing...

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Where does your firm rank in the 2015 Brand Index?

The value of your firm’s brand and reputation is vitally important. So where do you sit in the competitive Australian market and what are your peers doing right? Research house Acritas recently...

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Top Ten Metrics your Legal Department Should be Tracking (Whitepaper)

Unlike other business departments, legal departments have traditionally not busied themselves with tracking graphs, charts and metrics on their department’s performance. This has been changing in...

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How can Australian lawyers deal with out-of-hours demands?

Is the nine-to-five workday a thing of the past? Recent data suggests this may be the case, with an 80 per cent increase in the number of calls made before and after working hours in the legal sector...

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How to streamline your practice management

What should legal professionals consider when implementing a new practice management system? What are the features to look out for? And what are the pitfalls to avoid? Progressive firms know the...

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What every in-house counsel should know in 2016

Ever wondered what it’s like to be an in-house counsel? Or are you already playing a corporate counsel role and you’re wondering what’s in store for your industry in 2016? Bernadette Bulacan Starin was...

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Why you need sharp legal knowledge (and how to maintain it)

Staying up to date with the latest legal developments in a variety of sectors and practice areas can be an overwhelming prospect for many legal professionals, especially those running small firms. But...

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Australia: State of the Legal Market 2015 (Whitepaper)

The Melbourne Law School and Thomson Reuters Peer Monitor® are pleased to present this report setting out the dominant trends impacting the legal market in 2015 and the key issues likely to influence...

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Controlling legal spend in a corporate world

With the financial responsibilities and complexities of running a successful in-house counsel team becoming increasingly demanding, savvy in-house counsel and GCs need to run their legal teams like a...

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Developing successful strategies for your law firm

In a dynamic legal market that is constantly innovating, developing a successful law firm strategy is more important than ever. How do you set your firm apart? How do you shut out the noise and create...

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The top trends that shaped the legal sector in 2015

As we approach the end of another year, we examine what key industry trends shaped the legal sector in 2015 and what we can expect in the year to come. The year 2015 has seen the pace of the legal...

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