November 06, 2008 | The Legal Intelligencer
Managing Partners Should Address 'State of the Firm' During RecessionWhen money is tight and firms have had to make dramatic and drastic changes, the firm's managing partner or executive committee is obligated to provide more information to partners about the firm, for overseeing and evaluating operations and policy and determining an appropriate course of action to ensure the firm's viability.
By Joel A. Rose
8 minute read
April 03, 2008 | Law.com
Merging Two Firms and Making Them Run as OneFinding a merger candidate can be a daunting process. However, integrating a merged group of attorneys into a new firm's culture, practice environment and organizational structure so that attorneys from both firms work as one may be a greater challenge.
By Joel A. Rose
7 minute read
October 09, 2007 | Law.com
The Distribution of Law Firm ProfitsDistribution of profits is frequently one of the most potentially disruptive experiences that partners or shareholders have to face.
By Joel A. Rose
10 minute read
March 07, 2011 | The Legal Intelligencer
Planning and Conducting Retreats a Key Role for AdministratorsAdministrators in the more progressive and better-managed law firms play a critical role in planning and conducting firm retreats.
By Joel A. Rose
6 minute read
June 20, 2012 | New Jersey Law Journal
Three Proven Short-Term Strategies to Sustain and Grow Future ProfitsA law firm's objective should be to grow in a manner that is profitable, enhances the firm's ability to serve its clients, attracts new clients and advances the partners' collective goals.
By Joel A. Rose
6 minute read
March 20, 2006 | The Legal Intelligencer
The New BillingClients are increasingly frustrated with shortcomings of the hourly rate system. One of their major complaints with hourly billing is that it provides no incentive for attorneys to be efficient. Rather, there is an incentive to be inefficient. The more ho
By Joel A. Rose
13 minute read
September 19, 2005 | The Legal Intelligencer
Capital ConcernsFor partners in many law firms, the world has never appeared to be as hostile, bewildering or financially unstable as it does today. The complexities and uncertainties of the changing economic and professional environment have created special financial pr
By Joel A. Rose
7 minute read
August 15, 2005 | The Legal Intelligencer
Making Two Firms Work As OneFinding a merger candidate can be a daunting process. However, integrating a merged group of attorneys into a "new" firm's culture, practice environment and organizational structure so that attorneys from both firms work as one may be a greater challenge.
By Joel A. Rose
7 minute read
October 25, 2011 | The Legal Intelligencer
When to Retreat in Order to AdvanceLaw firms are increasingly turning to retreats to help solve management problems, improve personal relationships and increase team spirit. But a retreat will not succeed unless adequate time and effort have gone into the planning process.
By Joel A. Rose
9 minute read
December 06, 2007 | Law.com
Strategies to Enhance Cash Flow for the Benefit of Your Law FirmManaging partners, financial partners, members of executive committees and administrators must devote more of their time today to planning and managing their firms' finances. This article describes six aspects of law firm management and economics recommended to assist improving a firm's cash flow.
By Joel A. Rose
11 minute read