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

recording 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
Access the pre-recorded audio 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: 9215

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!

Order my recording 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.

Continuing Education Units

  • cle

    C4CM provides audio conference attendees with CLE credit processing services. To expedite C4CM processing your CLE request, please complete and submit the evaluation form available from C4CM at the conclusion of the audio conference. It will be necessary to enter the following information: name of each attorney requesting CLEs with full contact information, including e-mail address, bar number, and the state in which the attorney wants credits. Each attorney requesting credits must submit an evaluation.

    Please be advised C4CM audio conferences are subject to approval from each CLE issuing organization and approval is not guaranteed (state bar associations in Delaware, Indiana, Kansas, Ohio, and Pennsylvania do not grant CLE credits for audio conferences). The approval process takes approximately 6 – 8 weeks for most organizations but can take as long as 3 – 4 months. You will be notified via e-mail with the final status of your CLE application.

    Any person applying for CLE credits must attend the audio conference from start to finish (attendance will be taken for compliance reasons). Requests for CLE credits must be received no later than two weeks following the conclusion of the audio conference or live conference. CLE credits are not available for CD recordings.

    If you have any questions regarding CLE credits, contact Jill Adler at 631.368.2082 x 21 or jill.adler@meeting-matters.com.

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

Order my recording now

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