Our Legal Management Talk podcast keeps you in the know while you’re on the go. Most episodes are less than 30 minutes long so you can learn about a specific legal management topic as you make your way throughout your day.
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One of the best ways to make sure your firm can withstand economic headwinds is having enough cash on hand. But given the many things you have to spend money on, it can be hard to make sure reserves are plentiful. Business finance expert M.C. Laubscher joins the show to talk about the best ways to make your firm resilient during turbulent economic times and offers some creative ways to ensure positive cash flow and profitability.
Published Nov 13, 2024
A robust mentorship program can be an important recruiting and retention tool for your firm, but it also requires commitment from everyone involved. In this episode, Elise Powers, Founder of Eleview Consulting, talks about how to structure a mentorship program and convince partners to dedicate time to supporting the next generation of senior attorneys. She also gives a preview of her presentation at ALA's 2024 Annual Conference titled, "How to Reenergize Your Firm's Mentorship Program."
For more information or to register for Annual Conference, visit alaannualconf.org.
Published May 7, 2024
Recognizing the need for succession plans at your firm is a good first step, but what does that plan look like in practice? In this episode, David Wood, a former trial attorney and Principal of David Wood Consulting, talks about the plan he created and used to successfully transition his clients to the next generation of attorneys. He also discusses the role firm administrators play in ensuring a succession plan runs smoothly.
Published May 2, 2024
Why is change such a tough thing to manage in firms (well, for people in general)? Catherine Alman MacDonagh, JD, the Founder of Legal Lean Sigma Institute and a member of ALA’s Professional Development Advisory Committee, discusses steps for managing change, the importance of creating small change “wins,” how to avoid change burnout and more. Plus, we leave on a positive note about how to feel hopeful about changes.
Published Apr 25, 2024
What can penguins teach us about instituting change at your firm? Shaun Jardine and his sidekick Declan the Penguin answer that question through the lens of shifting your billing method to value-based pricing (VBP), which can be a good way to consolidate the many different billable hour policies attorneys have while offering clients the quantity and quality of service they desire.
Published Mar 20, 2024
In Part 2 of our conversation with Kriti Sharma, Chief Product Officer of Legal Tech at Thomson Reuters, we talk about the questions you should ask when choosing AI software to use at your firm, what the regulation landscape looks like and how AI will change the future of talent recruitment.
Published Feb 22, 2024
In the first of our two-part conversation with Kriti Sharma, Chief Product Officer of Legal Tech at Thomson Reuters, we discuss some of the latest ways artificial intelligence (AI) is evolving in the legal space, such as by simplifying research and administrative tasks, as well as how to avoid some of the common AI pitfalls like hallucinations. But don’t worry! The robots aren’t taking over our jobs just yet. After all, they still need us to tell them what to do.
Published Feb 13, 2024