Bloomberg Law has a fantastic interview with Bruce Macewen of Adam Smith, Esq. that should be required watching for every law firms managing partner. Macewen discusses what he calls “suicide pricing”, or pricing work at cost, just to meet overhead. The problems are structural, as the cost structure of most law firms is not in…
InsideCounsel has a nice piece on how law firms are using analytics to cut costs here. Here’s the money quote: The electronic invoice format leaves mass amounts of data to capture and store. With analysis, this data can provide insights into legal spend management and legal performance management. The resulting information leaves corporate law departments…
© Copyright 2014 Accelerant, All Rights Reserved.
Recent Comments