Steve Nelson will present on practice group management and legal project management at the Legal Marketing Association’s 2017 P3 – Practice Innovation Conference on May 17th, 2017. His presentation, which will take place from 1:30PM – 2:30PM, is one of the many must-attend events for those looking to improve the business of law.
Practice Group Management and Legal Project Management in the AmLaw 200
Track: Project Management
Session Number: 175
Date: Wed, May 17th, 2017
Time: 1:30 PM – 2:30 PM
One of the big topics discussed recently in the legal press is how the very large firms continue to separate themselves from the rest of the AmLaw 200. In an article accompanying the American Lawyer’s financial disclosure reports for the AmLaw 100, the magazine revealed some pretty shocking statistics; while the top 50 firms reporting significant increases in revenue per lawyer, profit per partner and profit per lawyer, the next 50 firms reporting decreases in all of these statistical categories.
This confirms what many observers have been saying over the past few years—that the megafirms are pulling away from the pack. You would think that a large number of midsize firms would be responding by illustrating how they are more efficient and provide very value to clients. But a recent study performed by The McCormick Group indicates that a much higher percentage of practice group management and legal project management professionals are being hired at the larger firms.
P3 – The Practice Innovation Conference offers education and discussion focused on the business aspects of developing a successful law practice, including the disciplines of project management, pricing and process improvement. It brings together law firm pricing and LPM experts, practice managers, business development and marketing professionals, those in corporate law departments, corporate procurement professionals, and product and service providers.
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