by George Chasse | Feb 20, 2020 | Legal Research Contracts
Law firm mergers are on the rise. In 2019, there were 115 mergers. This is a slight increase from 2018 with 106 and 2017 with 102(1). Large law firms like Faegre Baker & Daniels and Drinker Biddle & Reath are combining for 1,300 attorneys. So, what creates a...
by George Chasse | Jan 10, 2020 | Fiduciary Responsibility, Legal Counsel Consulting
Now that the “end of the year” sales promotions are over, we begin 2020 with new sales tactics and price increases. When dealing with a vendor in the legal industry, what is that vendor’s fiduciary responsibility to your firm? Are their interests...
by George Chasse | Oct 18, 2019 | Cost Competitive Contracts, Legal Research Pricing, Legal Research Renewal
When would a vendor suggest that you should use a consultant? The short answer is “NEVER”! Of course, a vendor typically will not suggest that you bring in a consultant. That would be like that vendor saying “How can I help you lower your costs...
by George Chasse | Sep 13, 2019 | Cost Competitive Contracts
When a law firm is thriving in a good economy, there are more opportunities to reinvest the profits. When the economy starts to slide, you tend to watch expenses a little closer. Doing both is always a good idea. Either way, it should be done with a “return on...
by George Chasse | Aug 23, 2019 | Cyber Risk, Legal Cybersecurity
Cybersecurity is becoming a more pressing topic in the legal industry. I’m finding that more law firms are talking about cybersecurity and the associated legal exposure. The issue for law firms is both internal, protecting their businesses, as well as external,...