Archive for February 2023
Increase Productivity using: Alignment, Performance and Compensation Reviews
Alignment, performance, and compensation reviews are all critically important to eliminate turnover, improve morale, and increase productivity and efficiency. Whenever introducing new forms, always include those responsible for implementing them when finalizing the format and contents. They won’t embrace enforcing the form’s contents if you don’t get them to buy in. Follow the change sequence…
Read MoreRealization Rate vs Utilization Rate
For law firms, realization rate and utilization rate are two different measures used to evaluate the performance of their billing and collection process and the productivity of their attorneys, respectively. The realization rate for law firms measures how many billable hours they have charged their clients has been paid. It is typically expressed as a…
Read MoreDiscover Your Sustainable Competitive Advantage and Value Proposition
If you fish in the wrong pond with the right bait or in the right pond with the wrong bait, it will prevent you from increasing your client base. So how do you find the right pond and bait to increase your client base? After you identify your unique competitive advantage and value proposition, you…
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