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Aon | Professional Services Practice
Insight Archive: Law Firm Advisory Services
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May 2021 - “Trusted advisor” has become a much-discussed term in the business press. George J. Wolf,
Managing Director of Aon Professional Services Practice’s Law Firm Advisory Team provides some
thoughts on what constitutes a trusted advisor and value that they bring to a law firm.
May 2021 - Conflicts and intake software is at the core of a successful risk management strategy for
law firms – for identifying potential conflicts of interest, evaluating new business opportunities
and vetting lateral candidates’ clients.
May 2021 - George J. Wolf, Managing Director of Professional Services Practice’s Law Firm Advisory
Team sat down with Aon’s The One Brief to discuss succession planning and the experiences of law firms.
January 2021 - Law firms must plan carefully to provide sufficient retirement benefits
to key partners. As senior partners look to retire and give up their equity, younger partners
must ensure the firm has a viable plan in place to fund partner retirement benefits.
January 2021 - Scott Fisher, Managing Partner of US law firm Neal Gerber Eisenberg, shares
his experiences of his leadership transition and advice for effective succession
planning in a rapidly changing commercial environment
January 2021 - The potential loss of a leader or key rainmaker is a concerning but inevitable challenge
for law firms. Without adequate measures to embed a succession strategy into the firm’s culture, client
experience and loyalty suffer when a gap in leadership is created by the departure of a partner.
July 2020 - Work-from-home migration, decreased reliance on office space, and certain support staff positions may present
opportunities for improving profits. Will firms take advantage of these times to act? While much has been reported on the
financial challenges...
July 2020 - Balancing technology with human skill is enabling law firms to bring stability to new business intake and conflicts of
interest processes. The phenomenal rise of the global law firm has transformed international legal practice. Aided
by rapid technological...
May 2020 - The importance of calculating payment cycle metrics in forecasting 2020 financial projections.
For decades, law firms have focused their management attention on billable hours, billing rates, realization
and cash collections. As COVID-19 continues to...
December 2019 - Law firms are increasingly investing in technology and talent to meet clients’ and general counsel’s
changing expectations. Since the global financial crisis of 2008, clients increasingly value the
delivery of tangible results and are less likely to feel duty-bound...
