With the increasing prevalence of alternative fee arrangements (AFAs) – such as fixed, blended and capped fees and retainers – firms have the ability to increase the client’s perception of…
Read morePractice Management and the Future of Your Firm [Guide]
In a competitive industry faced with a decline in demand for legal work and rapid technological change, efficient document management, data security and seamless service delivery have become increasingly important.…
Read moreThe Top 7 Trends That Disrupted the Legal Industry in 2016
In 2016, disruption in the Australian legal services industry became a normal state of affairs. Against a background of declining client demand, law firm growth and revenues, traditional business models…
Read moreDebbie Warnes on the Beginnings and Future of Legal Document Automation [Q&A]
For law firms investing in technology to drive innovation and efficiency, document automation is an easy win and, given today’s digitally driven legal landscape, it’s absolutely essential. Manual processes, including document…
Read more5 Questions You Should be Asking Your Practice Management Platform Provider
A smart practice management platform can transform even the most disorganised law firm into a well-oiled machine. But there isn’t a one-size-fits-all solution. It’s important to explore your firm’s current…
Read more2016 Australia: State of the Legal Market [Report]
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 2016 and the key issues to influence…
Read more5 Reasons a Flat-Fee Billing Structure Works
Law firms face increasing pressure to move away from time-based billing, and numerous firms have relinquished the billable hour in favour of alternative fee arrangements. We explore why a flat-fee…
Read more6 Golden Rules of Migrating Your Firm to the Cloud
The use of cloud technology (like Gmail, Dropbox and Evernote) is already inherent in the daily lives of legal professionals. As technology continues to improve legal business, your firm will…
Read more7 Invoicing Best Practices Every Law Firm Should Master
Whether your law firm is large or small, incorporated or boutique, implementing these simple billing practices will help ensure you spend less time on accounting and more time servicing your…
Read moreYour Checklist for the Perfect Client Estimate
Savvy clients are increasingly seeking more predictability and transparency in billing, requiring firms to brush up on their costing skills. But beyond that, fee earners and firms can also benefit…
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