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- US law firms and the international market for corporate control
- This paper estimates the effects of several American law firms' international networks of offices on the total value of overseas mergers and acquisitions (M&A) by US corporations. Nowadays many nations can review proposed mergers and US law firms help clients overcome such regulatory hurdles, effectively greasing the market for corporate...
- White papers 2003-04-29
- Why You Should Use Written Contracts
- This article dicusses that in business, written contracts are the ounce of prevention that help reduce costly disputes. Written contracts can appear in many forms, such as in formal documents, on the front or back of invoices, in letters, or in proposals. A carefully drafted written contract spells out your...
- White papers 2000-10-31
- Corporate Governance: Time For A Check Up
- The board of Community First Bankshares has always prided itself on being proactive, something attributable to the experience level of its directors. Several have done stints as top executives with other financial services companies; most have served on other boards. One has new exchange rules, Sarbanes-Oxley, the SEC, and then...
- White papers 2003-07-01
- Partnering Through Strategic Alliances
- Partnering between corporate legal departments and outside law firms is not just a flavor-of-the-month fix. It has the potential to provide a long-term solution to the service needs of in-house corporate legal departments. The article is a case study of the Stanford Legal Department, which is an excellent illustration of...
- Case studies 2001-08-01
- Partnering: What's Holding Back Law Firms?
- The reported benefits of partnering are many. The market demand is also strong. Yet, despite the market cry and proven benefits that partnering relationships can provide, law firms are not lining up to demonstrate their partnering capabilities and skills. Even in successful client/law firm partnering networks, outside counsel tend to...
- White papers 2001-04-01
- Partnering: You Mean You Have to Work in Teams?
- One of the benefits a company derives from establishing a partnering relationship with its outside counsel is greater collaboration among the company's primary law firms with the goal of solving the company's problems rather than selling and delivering their respective legal services. Partnering, by definition, contemplates a team effort. For...
- White papers 2000-12-01
- These Lawyers Are Red Hot
- This article highlights a case of an Atlanta-based law firm, which is changing the game -- and the image -- of a very traditional profession. From how it compensates its employees to how it charges its clients, Red Hot Law Group is just that. Red Hot Law's branding strategy is...
- White papers 2000-05-01
- Crisis Communications
- From the executive summary: ‘Some problems that law firms face regularly, especially in weak economic times, are so poorly managed that they do more damage than they should: layoffs, firings of partners, scandalous e-mails that become public, the departure of a high-profile lawyer or practice group, or a sexual harassment...
- White papers 2003-01-01
- What You Believe Really Can Hurt You: How Self-Delusion Torpedoes Strategic Thinking
- The legal profession is beset by misconceptions and self-delusions. These pertain to the strategies and the moves adopted by the law firms. Such misconceptions are hampering the progress of the modern-day law firm and preventing it from achieving the status of a ‘great' organization. A plethora of myths exists among...
- White papers 2004-05-01
- Warning Signals - Ask Yourself: Is Your Firm Ready For 2002?
- The legal industry is abuzz with activity. Increased competitiveness and industry consolidation is transforming the modern-day law firms. In this scenario, the law firms need to precisely assess and evaluate their strengths and weaknesses so that they may leverage the same to their advantage and, in the process, successfully differentiate...
- White papers 2001-11-13
- Strategic Capital Planning - Meeting Present Needs While Anticipating The Future
- The contemporary business environment is ripe for law firms to strategize their future courses of action. They need to review their capitalization and consider the costs of future operations and initiatives. Detailed plan of capital structures and other activities needs to be prepared by the law firms. Such planning and...
- White papers 2002-10-08
- Issues To Consider As The Business Climate Continues To Slow Down
- In a downward economy, several issues need to be addressed by law firms to remain competitive in the market. They include both short-term and long-term issues. In the short-term, law firms need to maintain high realization rates and manage under-productive assets successfully. In the long-term, law firms need to overhaul...
- White papers 2001-05-01
- Back To Basics
- The times of economic slowdown are the ideal times for law firms to take stock of prevailing conditions and prepare for future challenges. It is the perfect occasion for law firms to assess, evaluate, and overhaul their strategies and business activities for achieving increased performance and attracting new clients. There...
- White papers 2003-04-01
- Anatomy Of A Turnaround Or How To Save Your Law Firm
- From the executive summary: ‘The roots of a firm's decline are usually long. A firm does not fall from excellence to mediocrity overnight. Likewise, turning the situation around cannot be accomplished quickly. To get the firm back on a solid footing, it is imperative to examine the current state of...
- White papers 2003-01-01
- High Stakes: The Growing Challenge Of Law Firm Risk Management
- Modern-day law firm leaders and managers are facing the increased risk of significant liabilities. Law firms are becoming increasingly prone to such risks. In recent years, several corporate scandals have seen a slew of actions being filed against lawyers. These strengthen the premise that law firms are vulnerable to the...
- White papers 2003-02-11
- Is Your Firm Facing Trouble Ahead?
- The contemporary business environment is full of unpredictable and unstable situations. These situations have far-reaching effects on several areas of a law firm. External environmental conditions have the potential to dictate the future course of strategy for a law firm. In such scenario, it is but obvious that law firms...
- White papers 2002-07-01
- Avoiding Extinction In A Turbulent Market: Financial Hygiene Perils
- From the executive summary: ‘While strong law firms have experienced an exceptional level of prosperity and growth in a consolidating market, continued expansion and ever increasing profitability are not the only potential destinies for law firms today. As the high profile, closures of long established firms demonstrate in recent years...
- White papers 2003-06-04
- Plugging The Brain Drain - Tips For Retaining Associate Talent
- From the executive summary: ‘Law firms are in an enviable position-the demand for legal services is at an all-time high; profits are growing by leaps and bounds at many firms; the high-tech new economy is creating new legal needs; and the end of the growth period is not in sight....
- White papers 2000-06-12
- Practice Groups - Selecting The Most Effective Partners As Leaders
- From the executive summary: ‘Today's law firms face a slowing economy, continued high associate salaries, increasing cost pressure from clients, tremendous competition for business from rival firms, and the commoditization of some areas of legal work. A key to dealing with these trends and maintaining a law firm's profitability and...
- White papers 2001-09-11
- Strategic Thinking - Planning No Longer Enough To Remain Competitive
- The contemporary business environment offers great opportunities for the law profession. The modern law firms are experiencing prosperous times. They are in midst of a plethora of growth avenues. However, most law firms lack the adequate structures or the leadership abilities required to make the most of such opportunities. Therefore,...
- White papers 2000-05-01
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