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READ MORE FROM LIZ LAMAR REGARDING THE IMPORTANCE OF BUSINESS PROCESS EVALUATION

Nothing describes the default industry like the old adage, “The only constant is change.” As default firms struggle to keep up with an ever-evolving legal landscape, it is this change that has come to define the practice of foreclosure law. From new judicial and servicer requirements to shifts in the rule of law, firms must be nimble and ready to adapt their processes in order to conform to the new world of default practice.

Key Metrics All Firms Should Consider

Authored by Liz Lamar, This piece originally appeared in the APRIL issue of ALM's LJN Legal Tech Newsletter

Measuring profitability means measuring lawyer and staff performance. Regardless of whether law firms bill on contingency, flat fee or by the hour, they must measure productivity in order to understand their profitability.

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