Practice Intelligence

The global professional services market grew from $4,877.15 billion in 2017 to $5,890.11 billion in 2022 at a compound annual growth rate (CAGR) of 3.8%. The market is expected to...

The legal profession is undergoing a significant transformation, with attorney compensation reaching unprecedented heights, as revealed by a study conducted by Thomson Reuters. In a world marked by uncertainty, the...

The Law Council of Australia welcomes today’s entry into force of the Free Trade Agreement between Australia and the United Kingdom. “Having engaged with DFAT throughout the negotiation of the...

The legal industry is no stranger to the adage "bigger is better," as demonstrated by the growing trend of law firm mergers. Data from legal consultancy Fairfax Associates reveals that...

The rise of cryptocurrencies has revolutionised the financial landscape, offering an alternative to conventional monetary systems. Last year, the global cryptocurrency market reached a valuation of around USD 4.67 billion,...

There has been a significant cultural change within law firms in recent times. With Mental Health Awareness Week commencing last week, there has been a renewed focus on employee mental...

Smokeball, a leading legal practice management software, announced the finalists of its third annual National Secretary's Day competition, which celebrates the outstanding contributions of paralegals and legal secretaries across Australia....

Boosting profitability in a law firm involves various strategies and practices. Here are some top profitability strategies to consider per ChatGPT: Focus on High-Value Clients: Identify and prioritise clients that...

The Budget acknowledges the tough times of the current economic climate and in a number of ways seeks to help Australians through them.  In his speech tonight, the Treasurer has...

It is trivial to observe that most new learning happens while professionals are engaged in their various client matters.  What is not trivial to point out is that far too...

According to court data from the Federal Circuit and Family Court of Australia, family violence is presented as a risk factor in 80% of parenting cases.[i] To help those working...

With an excellent speaker line-up, Law Ninjas proudly presents its exclusive summit, which will feature GCs and senior leaders engaging in interactive discussions on the key issues facing the legal...

The demand for legal services fluctuates based on the overall economic conditions and changes in Federal government and consequently government policy. However, despite a Federal election, interest rate rises, unparalleled...

Alistair Marshall, Professional Services BD coach and Bruce Coombes, Managing Director of Quick Fee discuss the critical requirements for legal practice growth, including the systems, tools and processes required to...

In recent times, many industries around the world, including the legal industry, have transitioned to outsourcing. The COVID-19 pandemic accelerated this trend, resulting in a significant increase in outsourcing. According...