From ABA Law Practice Management Journal In the early summer of 2008, the American legal landscape was very different than it is today. The recently published AmLaw 100 list documented that 60 American Law firms had reported profits per partner [...]
Insights
From Accounting and Financial Planning for Law Firms November 2013 Almost 30 years ago when I began my career consulting to law firms, the then managing partner of Donovan Leisure Newton & Irving used that term to refer to the [...]
From Accounting and Financial Planning for Law Firm October 2018 The times they are a changing. Or at least that’s what the old song says and in the back offices of many law firms it’s true. In the last ten [...]
From Accounting and Financial Planning for Law Firms August 2014 Over the past year, SB2 Consultants has performed numerous Right Sourcing Business case analysis engagements for law firms located throughout the United States. Right Sourcing is our moniker for the [...]
From Accounting and Financial Planning for Law Firms August 2016 Over the past two years I have been involved in three merger situations and I am currently working on two more. I have work closely with the Managing Partners and [...]
From Accounting and Financial Planning for Law Firms June 2018 Over the past several months, the following headlines have appeared in the legal press: “Demand for attorney services has declined for the third consecutive quarter” “RPL [...]
From Accounting and Financial Planning for Law Firms, September 2012 The recent collapse of Dewey LeBoeuf has highlighted the importance of pre-merger due diligence. While I was not involved in the merger of the two firms, I did consult to [...]
From Accounting and Financial Planning for Law Firms, May 2013 Recently, while speaking with a new client, the question of “How do we evaluate our partners” came up. The participating event was a mediocre 2012 which produced a diminished profit [...]
From ABA Law Practice Management Journal, June 2010 As a young boy growing up my mother’s father lived with us. A vigorous man in his late 70’s he was renowned in our neighborhood for the garden he cultivated (whose bounty [...]
Jim McCann, the former Managing Shareholder of Abel, Bennett & Comings Inc. walked through the double wood doors of his new law firm, Xavier, Young & Zacharias LLP, one week after “turning the lights out” at his old firm. It [...]