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Corcoran's Business of Law

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August 13, 2021

When and Why Clients Hire Consultants

August 13, 2021/ Timothy B. Corcoran

Consultants should know the different reasons why clients hire consultants, in order to better manage expectations and demonstrate value.

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August 13, 2021/ Timothy B. Corcoran/ Comment
Article
Consulting, Clients, Business Development
March 30, 2021

Let the Managers Manage and the Lawyers Lawyer

March 30, 2021/ Timothy B. Corcoran
Let the Managers Manage and the Lawyers Lawyer

Successful businesses are led by effective managers. Law firms are led by partners, many with no management training. Managers should manage, and lawyers should lawyer. As law firms welcome into the c-suite more business pros who aren’t lawyers, there are growing pains.

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March 30, 2021/ Timothy B. Corcoran/ 3 Comments
Article
Business of Law, Practice Management
March 15, 2021

Are Buyers Irrational When They Don't Select Me?

March 15, 2021/ Timothy B. Corcoran

Lawyers are trained in logic. And yet lawyers who buy legal services act irrationally. At least that’s a common misconception when a capable lawyer loses an opportunity to a competitor. Understanding buyer behavior is the key to success.

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March 15, 2021/ Timothy B. Corcoran/ Comment
Article
Legal Marketing, Corporate Counsel, Buyer
March 12, 2021

Effective CRM Requires Effective Leadership

March 12, 2021/ Timothy B. Corcoran
Effective CRM Requires Effective Leadership

Law firm leaders must take ownership of establishing and fostering a client-focused culture. One way to start is to assess and then improve the effectiveness of the firm’s investment in CRM people, processes, and technology.

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March 12, 2021/ Timothy B. Corcoran/ Comment
Article
CRM, Legal Marketing, law firm leadership, Partner Compensation, Managing Partner
March 24, 2020

Lawyer Autonomy and You're Not the Boss of Me-ism

March 24, 2020/ Timothy B. Corcoran
Lawyer Autonomy and You're Not the Boss of Me-ism

Law firm partners whose preference for autonomy overrides their fiduciary responsibility to the firm are not qualified to be owners of the business.

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March 24, 2020/ Timothy B. Corcoran/ 1 Comment
Article
Partner Compensation, Finance, Culture
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Tim Corcoran

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Charlottesville, VA +1.609.557.7311

 
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