How Many Lawyers is Too Many Lawyers? Managing Firm Headcount, Capacity & People Power for Increased Profits

webinar How Many Lawyers is Too Many Lawyers? Managing Firm Headcount, Capacity & People Power for Increased Profits

You Will Learn:

  • How to measure whether your firm has an overcapacity issue
  • Methods for addressing lawyer staffing gaps (or over-staffing) to better align capacity with demand
  • Why compensation adjustments are not always the answer
  • Best practices for short-term workforce rebalancing
Watch the pre-recorded web conference
$365.00
 

Should your firm be trimming its ranks?

According to a recent industry report, nearly 60 percent of the 356 law firm leaders said that overcapacity is hurting their firm’s profitability.

What’s worse, 62% stated that demand for their services has not yet reached prerecession levels. While some firms are addressing the problem by trimming their ranks, many aren't doing enough. Is yours?

This CLE webinar presents key capacity metrics, discusses staffing arrangements, and presents a path your firm can follow to develop a more profit-driven model for managing people, practices and technology.

Learning Objectives

In just 75 minutes, our panel of experts will explore:

  • Overview of lawyer overcapacity issues and trends
  • How the current market is creating overcapacity at law firms
  • How to measure whether your firm has an overcapacity issue
  • Methods for addressing lawyer staffing gaps (or over-staffing) to better align capacity with demand
  • Establish partnership criteria for economic performance that recognize 2017 market competitiveness
  • Why compensation adjustments are not always the answer
  • Best practices for short-term workforce rebalancing

Product ID: 9785

Bonus Material

Plus, you get the new and exclusive guide, Utilizing Legal Secretaries for Max Profitability: Methods to Reduce Costs, Standardize Work, and Centralize Administrative Support – a $197 value – FREE!

Utilizing Legal Secretaries for Max ProfitabilityThis powerful resource looks at how leading firms are restructuring administrative models to decrease costs, standardize work, and centralize legal processes and administrative support.

  • The Way Legal Support Used To Be and Why It Changed
  • Alternative Approaches to Legal Support: Examples from AmLaw 200 Firms
    • Latham & Watkins
    • Orrick, Herrington & Sutcliff (Orrick)
  • Alternative Approaches to Legal Support: Examples from Mid-sized Firms
    • Service Center Learnings
  • Establishing an Alternative Attorney Support Structure
    • Defining Objectives
    • Analyzing Attorney Activity
    • Holding Interviews and Focus Groups
    • Identifying Individual Secretarial Skill Set Profiles
  • Design, Test and Implement the Legal Support Structure
    • Designing the Administrative Support Structure
    • Testing and Implementing the Administrative Support Structure
    • What to Watch For
  • Effective Way of Reducing Administrative Staff
    • Voluntary Early Retirement
  • Overcoming Challenges and Obstacles to a New Legal Support Structure
    • Minimizing Resistance

This essential guide also includes finger-tip access to relevant checklists and sample materials, including:

  1. Setting Up an Attorney Support Service Center Checklist
  2. Change Management Checklist
  3. Voluntary Retirement Program Checklist
  4. Comparison: Legal Secretary and Administrative Assistant Job Duties
  5. Interview and Focus Group Questions
    • Questions for Both Attorneys and Secretaries
    • Questions for Attorney
    • Questions for Legal Secretaries

Discover How Your Firm Can Increase Profits by Effectively Managing People, Practices & Technology!

Get it on demand now

Faculty

Brian Kennel
Brian Kennel
PerformLaw

Brian Kennel is an experienced management consultant with more than 20 years of experience in law firm and professional firm management and consulting. As owner of PerformLaw, he works with law firms and their leadership teams in a number of different areas. As a former legal administrator for a large commercial law firm, Brian understands the opportunities and challenges that exist in law firms. His experience also includes building and selling a law firm management services company to a Fortune 500 Company.

William Josten, Esq.
William Josten, Esq.
National Law Firm Profitability Specialist, Thomson Reuters

Bill Josten is the Westlaw National Firm Profitability Specialist, consulting with Large and Medium law firms nationwide on strategies regarding pricing, profitability, and cost recovery. Bill has also worked with large law firms as a National Account Representative and as a Reference Attorney. Prior to joining Thomson Reuters, Mr. Josten was an attorney practicing in criminal defense and general civil litigation. Bill was previously an Adjunct Professor of Law at the University of St. Thomas School of Law in Minneapolis, Minnesota, and has clerked at the Minnesota Court of Appeals.

Discover How Your Firm Can Increase Profits by Effectively Managing People, Practices & Technology!

Get it on demand now

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