Valeo Partners’ Post

We’re less than a month out from our annual Early Indicators webinar, where you’ll hear first of this year’s data and predictions for what will shake up the legal rate world this year. Register here to secure your spot: https://lnkd.in/eDqKZDve

Here’s the latest on the Corporate Transparency Act, in this week’s Now You Know It by Heather Brenneman Miles: https://lnkd.in/eXY7ZHrM

See our latest blog post regarding the Corporate Transparency Act and the need to comply with it along with new deadlines.

Missed the Step-Transaction Doctrine live webinar? 🎥 No worries—you can now access the recording on demand! Hear from industry experts Jonathan G. Blattmachr, Alan Gassman, Robert Keebler, CPA,PFS,MST,AEP,Distinguished, and more as they dive into IRS challenges, planning strategies, and case law insights. 🎧 Listen here: https://lnkd.in/gKFYPuQ5 #EstatePlanning #TaxPlanning #TrustsAndEstate

In-house counsel must recognize the new challenges - and opportunities - presented by the Supreme Court's decision in Loper Bright. While we are all stepping into unfamiliar terrain, this explainer is a great starting point for counsel examining the post-Chevron landscape and presenting options to business stakeholders.

⁣📊 𝗟𝗮𝘄 𝗙𝗶𝗿𝗺 𝗥𝗮𝘁𝗲𝘀 𝗶𝗻 𝟮𝟬𝟮𝟰: 𝗦𝘁𝗿𝗼𝗻𝗴 𝗚𝗿𝗼𝘄𝘁𝗵, 𝗕𝘂𝘁 𝗦𝗵𝗶𝗳𝘁𝗶𝗻𝗴 𝗧𝗿𝗲𝗻𝗱𝘀 𝗔𝗵𝗲𝗮𝗱?⁣ ⁣ 👉A recent report shows that law firm billing rates have continued their impressive growth in 2024, but with potentially softer demand in 2025, maintaining this momentum could become crucial.⁣ ⁣ 👉Partnering once again with the True Value Partnering Institute, the Thomson Reuters Institute’s "𝗟𝗮𝘄 𝗙𝗶𝗿𝗺 𝗥𝗮𝘁𝗲𝘀 𝗶𝗻 𝟮𝟬𝟮𝟰" report explores how rate performance this year has doubled-down on the long-term trend of strong year-over-year growth. 𝗡𝗼𝘁𝗮𝗯𝗹𝘆, 𝘁𝗵𝗲 𝗿𝗲𝗽𝗼𝗿𝘁 𝗮𝗹𝘀𝗼 𝗵𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀 𝗮 𝗿𝗲𝗹𝗮𝘁𝗶𝘃𝗲𝗹𝘆 𝗿𝗲𝗰𝗲𝗻𝘁 𝗽𝗵𝗲𝗻𝗼𝗺𝗲𝗻𝗼𝗻—𝘀𝘁𝗲𝗮𝗱𝗶𝗹𝘆 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗶𝗻𝗴 𝗿𝗮𝘁𝗲 𝗴𝗿𝗼𝘄𝘁𝗵 𝘁𝗵𝗿𝗼𝘂𝗴𝗵𝗼𝘂𝘁 𝘁𝗵𝗲 𝘆𝗲𝗮𝗿.⁣ ⁣ 👉Both law firms and corporate law departments are keeping a close eye on these trends, though for very different reasons. As we move forward, rate strategies will play a key role in navigating the evolving legal landscape.⁣ ⁣ W𝗵𝗮𝘁 𝗮𝗿𝗲 𝘆𝗼𝘂𝗿 𝘁𝗵𝗼𝘂𝗴𝗵𝘁𝘀 𝗼𝗻 𝗵𝗼𝘄 𝘁𝗵𝗶𝘀 𝘄𝗶𝗹𝗹 𝗶𝗺𝗽𝗮𝗰𝘁 𝘁𝗵𝗲 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆? 🔗https://lnkd.in/d5z93gSX #trends #report #rates #strategies

📊 Looking to drive your law firm's growth in 2024? Benchmark data gives you concrete insights by revealing how your firm measures up in areas like client intake, revenue, and expenses. 💡 This type of data can help to identify gaps and set actionable goals. By comparing your firm's performance metrics to those of others, you can identify areas for improvement, set realistic revenue goals, and optimize your marketing strategies. In my latest article on Above the Law, I explore insights from the 2024 MyCase and LawPay Benchmark Reports that law firms can use to streamline client intake, track financial health, and enhance profitability. 📈 ✅ You'll learn how to: 🔹 Improve Conversion Rates: Compare your client intake metrics to industry standards for smoother operations. 🔹 Track Consultation Revenue: Understand why you should charge for an initial consultation and how these meetings can significantly impact profitability. 🔹 Refine Marketing Strategies: Analyze referral sources and expenses to maximize ROI. Link 🔗 to the post in the comments. #legaltech #benchmarkdata #reports #lawfirms

Join us on October 16 at 11:00 AM ET for a session on mastering Productivity & Governance! Learn key strategies to thrive amid tightening budgets, rising law firm rates, and growing regulatory challenges. Register here: https://bit.ly/3BDTI4v

A recent pricing trends analysis finds law firms are seeing increasing demands from clients around financial transparency and demonstrating the value of services. To meet these demands, law firms must shift towards being more accountable in their operations. However the right technology and reporting is needed to produce relevant financial data, in order to present the accurate costs of a matter to clients. 👉 Access BigHand's pricing trends analysis to learn more and for further data insights: https://lnkd.in/dyN6Pwz8 #LegalTrends #LegalInsights #LegalFinance #MatterPricing #LawFirms #LegalTech George Egford Eric Wangler Brian Taaffe Sally Swift

Six Steps to Creating a Standardized Practice: Don't be blinded to the benefits of standardizing services. By Jody Padar Radical Pricing - By The Radical CPA Go PRO for members-only access to more Jody Padar. http://dlvr.it/T8VjrC