Walker Clark
Worldview Archives
Are you a law firm or a condominium?
This is an important question, especially for small and midsize law firms that want to have a future.
Many smaller law firms are firms in name only. The partners share a common brand, office space, and expenses, but almost nothing else.
When does “professional courtesy" become “free advice?”
Law firms can lose a lot of money on what should be profitable client relationships by providing too many services "off the clock." This phenomenon usually arises when a partner repeatedly provides advice as a "professional courtesy" or as a "client relations" activity, rather than charging a fee.
The Six Classic Drivers of Law Firm Profitability
Six factors have the greatest overall impact in the profitability and long-term financial performance of small and midsize law firms worldwide.
This is one of the ten most frequently read posts in the Worldview Archives, with more than 12,000 views since it was published in 2014.
