Thorough and practical advice that will enable firms of all sizes to develop fit-for-purpose compensation systems that can be effectively managed to drive the right behaviors and, in turn, financial success.

An in-depth examination of why and how mid-sized law firms are in a unique position to compete and go head-to-head with Big Law

Drive greater cross-selling success with this practical, actionable guide on creating a cross-serving culture within your law firm.

There has never been a more exciting time to practice law. While artificial intelligence promises to minimize mundane tasks, clients’ legal issues are becoming more complex. But, to successfully navigate these changes, legal professionals must better develop and exercise their creative problem- solving skills. 

Law firm practice group leadership is not for the faint hearted. As firms compete increasingly at practice group level, leaders are being asked to run their groups like business units; to develop and implement a strategic plan that supports the goals and competitiveness of the firm; and to coordinate and lead their partners to enhance the efficiency, performance, and profitability of their groups. With contributions from a wide range of experts, this second edition of Effective Practice Group Leadership builds on the first with new insights and thought leadership. The book examines the position of the practice group leader (PGL) in law firms today, the challenges of the role, and the changes to it, innovations and how modern practice groups are changing, and demonstrates the enormous contribution PGLs can make to the profitability and performance of their law firms, when armed with the tools and the authority.

As law firms continually push to stay relevant in the information age, certain functions and roles will change drastically - possibly none more so than a firm’s information functions and librarians.

The purpose of this book is to introduce readers to the fundamentals of structured trade finance (STF) - an instrument used to financing trade in difficult environments by collaterising the loans.

An in-depth look at the trends and future developments that will fundamentally change the legal market.

Consultants who prowl the corridors of Midsize law firms have been offering gloomy advice for years. “Merge, grow, or die,” they say, as though there are only three alternatives for any business in this market that wishes to prepare for the future. The gloom has sharpened since the Great Recession.  Some pundits are now predicting that by 2035—in roughly 15 years—more than half of the traditional law firms in the Midsize market will no longer exist. Despite such pronouncements, however, the Midsize segment had its best year in a decade in 2018. 

That one good year notwithstanding, many Midsize firms are feeling the pressure. While Big Law firms crow about their commitment to innovation, most Midsize firms are still trying to figure out where they fit in the new legal landscape that is taking shape. Some have embraced the “merge, grow, or die” dictum, and are busy trying to expand in some manner. Many others are still studying the problem and taking the first tentative steps—appointing committees, for example, or designating partners to lead their efforts. The key descriptor for much of this activity seems to be innovation—hence, we see the multiplication of innovation committees, innovation partners, innovation initiatives, etc.