Legal Research

"Project Management and Alternative Fees (Part 3 of 3)"

This post was written by Jim Hassett: "This week's post concludes our series on how law firms are using project management to improve performance on alternative fees, based on the results of our national survey of alternative fees.

Project management systems may reveal some hidden traps in the way lawyers deal with alternative fee projects:...

Project management also requires an understanding of the differences between clients, and the people skills to manage relationships:...

Managing client relationships begins with communication:..

Communication is particularly vital when it comes to change orders - formal agreements that the scope of a project has changed in a way that also changes the budget:...

It is also useful to continue communication even after a project has been completed:...

Clearly, the process of managing alternative fees is a large undertaking.  But it is also vitally important, and the benefits are obvious:...

As one participant succinctly summed it up, "If we teach our people to manage, we can make more money."

The full text and the active link are available by clicking on the author's name.

Source: Legal Business Development, 20 January 2010. Reproduced with permission of the author.

Full post as published by Stark County Law Library Blawg on January 25, 2010 (boomark / email).