ignoring basic profit considerations in german medium sized law firms
Figure: Development of revenue per professional of the leading national law firms 8Hengeler, Gleiss Lutz, SZA), the leading UK and US law firms (global players) and the medium-sized law firms among the top 100 law firms in Germany. Data from Juve, analysis LFCC Larger German law firms, and in 1996 there were exactly 237 […]
10% and more turnover with automated time recording
How to generate 10% and more revenue by separating the recording and valuation of times – legally secure No lawyer can reconstruct a day’s work to the minute in retrospect – and yet many do. The time recording is then neither objective nor to the minute, as required by the European Court of Justice – […]
Actually, nothing has changed in 2020!
Actually, nothing has changed in 2020! We just travelled less, but that was actually not so bad…. Despite Corona, we carried out our law firm consultations, including 4 face-to-face workshops with all partners. And these were our favourite projects: Helped a law firm with 20 partners increase profits by 64% in just 2 years. Helped […]
Dealing with the Corona crisis: first experiences from our consulting work
What must law firms do in a crisis? How must law firms react to the corona crisis? How do law firms remain successful despite the crisis? We answer all these questions in a nutshell!
Team culture development in law firms
Team culture is central to high performance systems such as law firms; it is the result of shared reflection on the rules of the game and understanding of differences. Partners who take the time to do so benefit in many ways.
Key figures in law firms: what do the partners need?
What key figures do law firm software manufacturers actually provide?
Frankly speaking: Brexit consequences for the law firm market. The brexit has captivated the legal profession
The brexite has captivated the legal world. Law firms present their clients with newsletter after newsletter and one checklist after another. But what about the inner workings of the law firms? What are the future relations of the EU offshoots with the English parent firm? Will we see a similar development as in the banking […]
Quite right: The situation of the beA is suitable for foreign shame
The beA’s situation is a source of shame for others, as many of the lawyers with whom we talk about it find. It is ignored that there are almost no IT projects that run without delays etc. The fact that there is no legal basis for enabling the mailbox for all lawyers corresponds to the […]
In-depth: restructuring and reorganization of law firms – a new challenge in the law firm market
1 Restructuring and reorganization of law firms – a new challenge in the law firm market By Christoph H. Vaagt and Thorsten Zulauf In this series of articles, we look at the experience we have gained as consultants in the law firm market in recent times. Whereas in the past the focus was on the […]