Press release: Altman Weil and LegalBizDev announce new strategic alliance
NEWTOWN SQUARE, PA and BOSTON, MA, April 23, 2013: A new strategic alliance was announced today by Altman Weil, Inc., the leader in legal consulting since 1970, and LegalBizDev, the thought leader in training and advising lawyers on project management and business development.
The two consulting firms will remain independent entities, but will work side by side on selected client matters to provide solutions that fully integrate Altman Weil’s strategic advisory services with LegalBizDev’s tactical expertise.
“Law firms face a dual challenge in 2013 – to deliver greater efficiency and value to current clients, and to win new clients in a contracting market. LegalBizDev equips lawyers with practical tools and training to accomplish both,” said Altman Weil principal Thomas S. Clay. “In our work with law firms, we often see a disconnect between strategic intention and bottom-line results. LegalBizDev helps lawyers translate good strategy into effective action in these critically important areas.”
“The firms we work with increasingly ask us about the larger strategic implications of a more competitive legal marketplace,” said LegalBizDev founder and president, Jim Hassett, Ph.D. “Should firms re-evaluate their overall marketing strategy? Should lawyers be compensated for efficiency instead of for billing more hours? How should practice group leaders manage these changes? These are exactly the type of problems that Altman Weil has been solving for decades. This new alliance will enable us to offer integrated services that align individual execution with firm-wide strategy.”
About Altman Weil, Inc.: For more than 40 years, Altman Weil (www.altmanweil.com) has been providing a broad range of strategic services to law firms and corporate law departments throughout the world. The company has a deep understanding of how legal organizations work, and decades of experience working with lawyers to solve problems, enhance performance, and improve profitability. Altman Weil provides advice on strategic planning, practice group management, client surveys and custom benchmarking, lawyer compensation systems, and more.
About LegalBizDev: Boston-based LegalBizDev (www.legalbizdev.com) helps law firms enhance client satisfaction and increase profitability by improving project management and business development. Since 1985, the company has offered award winning training, coaching, webinars, workshops, retreats, train the trainer programs, publications, and more. Next month, LegalBizDev will publish the third edition of its Legal Project Management Quick Reference Guide, the most widely used reference in this rapidly growing field. The book was written by Hassett with 13 contributing authors and will feature dozens of tools and templates that law firms can use to increase efficiency, client satisfaction, value, and profitability.