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Pressure on Pricing: Law firms under tension with client demands for financial transparency growing, finds latest industry report
Tuesday, 7 March 2023With a global recession and further economic downturn predicted, clients are demanding financial transparency and cost certainty across their engagements with law firms as they look to alleviate their cost pressures.
Tags: BigHand
Posted in associate news
Navigating a recession: How law firms can thrive
Tuesday, 31 January 2023Your firm can maintain profitability and growth, even through a recession. In a way, it’s simple: the more you know about the value of your clients, matters, and resources, the more levers your firm can pull to increase profits and growth.
Tags: BigHand
Posted in associate news
BigHand launches latest version of its award-winning workflow software for law firms
Thursday, 13 October 2022BigHand has today announced the launch of the latest version of its legal task delegation solution, BigHand Workflow Management.
Tags: BigHand
Posted in associate news
Taylor Wessing optimises work allocation to support hybrid working and career development with Resource Management
Thursday, 6 October 2022International law firm Taylor Wessing has implemented BigHand Resource Management to enable effective hybrid working with equitable and inclusive work allocation that also supports lawyer career development.
Tags: BigHand
Posted in associate news
Hybrid working disconnect between fee-earners and support staff
Wednesday, 5 October 2022Too many law firms have different and disconnected hybrid working arrangements for fee-earning and support staff, meaning lawyers end up undertaking more administrative tasks.
Tags: BigHand
Posted in Latest news, Practice Management
BigHand report finds over half of law firms have inconsistent hybrid working policies for lawyers and support staff
Tuesday, 27 September 2022Findings from BigHand’s latest industry report has revealed the extent to which support staff structures are evolving in law firms.
Tags: BigHand
Posted in associate news
BigHand launches latest version of its award-winning work allocation tool, Resource Management
Thursday, 8 September 2022BigHand has today announced the launch of the latest version of its market-leading Legal Resource Management software, adding multiple ’game-changing features’. The product enhancement ‘is supported by recent market research, which uncovered that 82% of firms globally have implemented, or are planning to implement Resource Management technology in the next 24 months.
Tags: BigHand
Posted in associate news
Leading law firm enhances financial reporting with BigHand Business Intelligence
Wednesday, 31 August 2022Brownstein Hyatt Farber Schreck LLP (Brownstein) is set to introduce BigHand Business Intelligence to help improve visibility of key financial metrics across the firm.
Tags: BigHand
Posted in associate news
The rise of the legal resource manager – part 2
Profit sophistication takes precedence for law firms in 2022
Thursday, 28 July 2022LawVision and Iridium Technology (now part of BigHand) have today shared the results of their fourth annual law firm profitability survey.
Tags: BigHand
Posted in associate news
Blog
From ‘year zero’ to £6.5m – how a law firm found its second life
In 2018, I hit what I call ‘year zero’. On paper, Olliers Solicitors was a top-tier criminal defence firm but beneath the surface, I could see we were at a crossroads.
Linklaters’ chief growth officer takes the ‘blank sheet’ challenge
In the third and final part of this series, Lucy Murphy, chief growth officer at magic circle firm Linklaters, outlines her vision for the law firm of the future.
The ‘blank sheet’ challenge, part 2 – what would you do differently?
In the second part of this blog series, Shainul Kassam, managing director of small London firm Fortune Law, sets out how she would set up a law firm now.
