According to the Commonwealth Bank’s Legal Market Pulse report: “71 per cent of top-tier firms and 42 per cent of mid-tier firms agree that the pressure from clients to use Legal…
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Strategy and Business Development Posts
Going Above and Beyond with Pro Bono
What can senior partners and firm principals do to encourage pro bono work and champion its importance within the legal industry? In light of a recent announcement by Gadens and…
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Succession Planning for Sole Practitioners
A sole practitioner’s career can be very rewarding and fulfilling. But what happens when you’re ready to step down? If you haven’t thought about succession planning and future-proofing your practice,…
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What Lawyers Need to Survive in this Age of Smart Technology
As successive generations of smart technology take over more complex legal tasks, there is speculation that computers may render lawyers obsolete one day. So how can lawyers utilise new technologies…
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The Future of Law Firms: Expansion or Niche?
If law firms are to survive the radical transformation making waves through the legal industry, they must evolve their business models in line with changing expectations, technology and service delivery…
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Will Alternative Billing Work for You? 4 Things to Consider
With increasing pressure from clients to provide greater value and transparency, many firms are offering alternative fee arrangements. But how can you determine which alternative billing structure is best for…
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Legal Process Outsourcing: What You Need to Know
Client demand for more competitive fees, coupled with the advancement of information and communication technologies, has fuelled a market for outsourced legal processes, both in Australia and abroad. What may…
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4 Growth Sectors Driving a Need for Legal Services
Successful firm management requires an understanding of dynamics not just in the legal market, but also in the markets it serves. Steady long-term profitability depends on knowing where the next…
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3 Ways to Use Technology to Improve Client Relationships
Social media, mobile technology and globalisation have revolutionised the way lawyers engage with clients. As we move further away from traditional methodologies, the pressure is on legal practitioners to listen,…
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Comparing 2015 Resolutions for the Legal Industry with 2014
In December 2013, we asked five legal industry experts to share their 2014 resolutions for the performance of their law firm and the industry at large. As we move into…
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