The budgeting process for a law department (and, really any function) sucks. But it can be helpful in setting priorities and planning your strategy for the next 3-5 years if you're thoughtful about the process. It's hard to tell your team that, "no we c…https://t.co/L1JiSBHIMp
One year ago, I joined Momentive Technologies with David Devich, Nicole O'Sullivan, Chris Amburn, Daniel Fashimpaur, and Bradley Green to help the team complete a spin-out transaction and then stand up the new company on its own. It's been quite a year o…https://t.co/mnY2IyYFNa
This post is right on point on keys for leading a #lawdepartment. #generalcounsel must remain mission-focused, implement effective communication strategies, and have the confidence to make tough decisions that minimize risks. https://t.co/N1QQGD7NBi
Responsiveness and accountability. These are two big and easy ways to prove your value as a law department, law firm, lawyer, functional leader, and colleague. #lawdepartment#lawfirm#lawyer#value#agile https://t.co/FxtOhk3s2n
An interesting article describing that the immediate term seems to drive decision making at #lawfirms leaving associates and business professionals as the first to go. During the Great Recession many law departments demanded only…https://t.co/aFhOeV5Xo6 https://t.co/SwC4GL5NZ5
Legal spend can get out of control quickly if the #lawdepartment isn't actively managing it. It's budgeting season for next year and we'll be setting expectations for our #lawfirm partners for 2021 based on our budget. Coming out…https://t.co/hEy5ab9kHi https://t.co/vgYdlhPbvI
Average partner compensation increased 38% between 2010-18, But the money hasn’t been shared equally. Top-earning partner pay increased 46% over the past decade while the lowest levels of partner pay only grew 15%. #lawfirms#lawy…https://t.co/KbeBweq2T2 https://t.co/qjUNFG1TAD
Early indications suggest in house compensation will weather the storm and could start increasing if hiring activity continues to climb. However, unpredictability still looms and a sudden collapse of the U.S. and global markets wou…https://t.co/cVHmJrcxBY https://t.co/GDWS5cGIgf
What a great program Kathy Sullivan, M.A., Board Certified Coach! Parents of high school girls make sure to check this program out. #futuregeneration https://t.co/VksXjzAu8a
Law firms continue to move away from the lockstep model as the competition continues to shell out big money for lawyers that have large books of business. That works out really well for those lawyers but what happens to the rest?…https://t.co/2Pdk0CcPeX https://t.co/I7kVGVay6j