April 24, 2008 | National Law Journal
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 so that attorneys from both firms work as one may be a greater challenge. Consultant Joel Rose identifies areas of each law firm that need to be integrated and discusses approaches to achieve the effective integration of attorneys into firms that have merged so that all parties may realize the anticipated benefits of the combination immediately and over the longer term.
By Joel A. Rose
7 minute read
September 04, 2008 | The Legal Intelligencer
Office Culture Can Determine Firm's SuccessJoel A. Rose is a certified management consultant and president of Joel A. Rose & Associates in Cherry Hill, N.J., which consults to the legal profession. He can be reached via e-mail at [email protected].
By Joel A. Rose
7 minute read
January 08, 2009 | The Legal Intelligencer
Motivating Attorneys to Improve Their Billing and CollectionsLawyers are motivated by peer recognition, peer evaluation and the opportunity to work in a law firm with clearly articulated priorities and values. A key component in establishing an effective billing and collection process is self-motivation that is enhanced and supported by the firm's structure for governance, administration and financial management.
By Joel A. Rose
7 minute read
May 07, 2009 | The Legal Intelligencer
The Leadership Role of the Managing Partner in a RecessionThe managing partner should be much like a symphony conductor or athletic coach — encouraging and enabling the orchestra or team to work together at the highest degree of cooperation and interdependence for the good of the whole.
By Joel A. Rose
7 minute read
December 01, 2011 | The Legal Intelligencer
Newer Trends in Determining a Partner Compensation SystemA firm develops a compensation philosophy that is realistic in light of the partners' personal, professional and economic objectives; the firm's culture and its competitive environment.
By Joel A. Rose
8 minute read
March 02, 2012 | Texas Lawyer
How to Approach a Law Firm Merger or AcquisitionMany more law firms — of all sizes and types — believe that their future organizational and financial security is linked to growth and diversification. They are seeking the lateral addition of experienced lawyers through the acquisition or merging of practices. These firms are seeking to anticipate trends of their clients and in legal practice.
By Joel A. Rose
8 minute read
December 06, 2011 | New Jersey Law Journal
Strategies for Retaining Clients When a Partner LeavesIf the client seems to favor one of your lawyers, that lawyer is your new relationship manager, regardless of what you or other partners may think.
By Joel A. Rose
6 minute read
December 04, 2008 | The Legal Intelligencer
Mergers Go On During Recession, But Combinations Present ProblemsIn light of the current recession, many law firms, individual attorneys and groups of attorneys have considered joining with other firms as strategic options.
By Joel A. Rose
8 minute read
March 20, 2012 | The Legal Intelligencer
Increasing Firm Profitability Without Billing More Hours or Raising RatesThe new challenge for law firms today is how to increase profits and reduce clients' legal fees.
By Joel A. Rose
5 minute read
February 21, 2013 | New Jersey Law Journal
A Newer Approach for Compensating Non-Equity PartnersAddressing the fact that, every year, the total cash compensation paid to non-equity partners — those longer-tenured attorneys on track to become equity partners, and those attorneys the firm wants to keep but who do not satisfy all of the criteria to become equity partners — continues to increase, yet the latter's productivity and contributions to revenue remain about the same.
By Joel A. Rose
7 minute read
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