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Business of Law: Agile Legal Project Management
March 2017 Ivan Rasic
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AgendaIntroduction ✓
Some charts on AFA usage
LPM as a framework (and why should Firms use it)
What is Agile and why is Kanban the way to go
Q/A
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Some Charts on AFA UsageSource: Altman Weil - Law Firms in Transition 2016
Do Law Firms use AFAs
Do they find them more profitable than Hr model
Behavior of Law Firms matches LegalTrek ‘s findings
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Intro
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Intro
Altman Weil - Law Firms in Transition 2016
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Trend towards AFAsMeeting Clients’ demands for more price certainty
Realization that AFAs have a potential to earn bigger margin (if done right):
● Re-shaping internal practices
● Knowing your cost and controlling it
● Basing price on the value
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What is LPM?
“A discipline that makes sure your clients get their services on time, in line with the agreed budget.”
(read more)
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Why should Law firms use LPM?In a way, you already do (so why not do it right)
If you do it right (structured) you will:
Control risks (no or late delivery; breaching budget);
Know (and lower) costs of delivery
Use any AFA; Be more profitable; Scale up or down
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Go Agile when you face uncertainty(Litigation; M&A; Change of orders…)
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Kanban: Agile LPM FrameworkHighly visual (board / column / card based system)
It focuses you on the right priorities
Promote leadership in your organization
It adapts to your processes (not other way around)
Management and clients always up to date
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Kanban: Agile LPM FrameworkHighly visual (board / column / card based system)
It focuses you on the right priorities
Promote leadership in your organization
It adapts to your processes (not other way around)
Management and clients always up to date
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Company info
LegalTrek is legal solutions company helping law firms be more efficient, deliver their services transparently
and have predictable pricing.
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Questions?
Thank you
March 2017 Ivan Rasic