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Since the beginning of the 21st century, law firm pricing has evolved significantly. Clients demanded alternatives to the billable hour, and firms responded by introducing new pricing models for their existing services, including fixed fee structures, capped fees, partial contingency arrangements and fixed monthly budgets, among others. Pricing firm services,
As you know all-too-well, the hallmark traits of a perfect paralegal are detail-oriented, organized, and efficient. On the days when your self-confidence is waning (we all have them), you may think that your semi-administrative role is designed only to serve and support. You may believe that you cannot play a
It is imperative to stay up to date on the latest technology to keep your law firm running smoothly. However, acquiring current technology and software applications is only one piece of the success puzzle. Most end users use approximately 20% of a software application’s features.
It is critical for your business to align itself with competent and ethical business partners. Mediocre business partners can have a devastating impact on your firm. Every business partner, no matter the size or how often they are utilized, must be transparent, ethical, competent and communicative.
Your rise through the ranks no doubt aligns with your legal skills. Perhaps your expertise in a niche like bankruptcy results in high billable hours, or maybe you’re known for your stellar contract negotiation skills. Regardless of the reason, success now looks different as you join the ranks of the
Just because you’re a few rungs from the top of your law firm’s ladder doesn’t mean that you cannot make a significant contribution. Outside of your ordinary course of duties, paralegals like you are often tasked with assisting legal leaders with special assignments, such as preparing preliminary research on making
Alternative Legal Service Providers (ALSPs) are transforming how we think about the practice of law. While the ALSP market started by offering lower-cost services to the lower value end of the legal industry, the market has grown and expanded during the last six years to a total of nearly $14
As a paralegal, your gut is probably telling you that your systems are screaming to be optimized. Get help on figuring out where to start.
In today’s environment, networking is a key factor in building professional relationships and an attorney can easily spend a good part of their day networking, if they don’t manage their time appropriately. It is important, therefore, that legal professionals choose wisely those groups that will make a real difference for
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