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Law Firm Profitability – Concepts, Culture, and Compensation

Profitability is the hottest buzz word in the legal industry, and it’s hot because it has dramatic implications today and for the future.  Where are you on the journey to profitability?   Every journey starts with key concepts and Iridium is inviting you to hear from the experts.

Tom, Mark, and Jeff have been focused on law firm finance and have worked with hundreds of clients over the past quarter-century. They understand the key concepts that firms must embrace as they bring profitability to the forefront.

The webinar recording will be sent to your email after registration.

You’ll Learn:

How profitability is reshaping the legal industry
Key foundational concepts for moving forward with more robust profit reporting
 Why culture is critical and the first step in the process
How technology helps identify the critical issues
How/where profitability plays a role in compensation

Meet the Speakers

CEO – Iridium Technology

Tom Jones

Tom is the CEO/President of Iridium Technology — the firm that is 100% focused on business intelligence (BI) for law firms. Tom has been focused on business intelligence and profitability for law firms for over 20 years. Prior to starting Iridium Technology, Tom worked for ADERANT for 13 years, with most of his tenure as the Product Manager for ADERANT’s business intelligence offering. Tom is a regular presenter at ILTACON and hosted the ARK Profitability and ARK BI conferences for the last three years. He has a B.S. in Computer Science from University of California, Santa Barbara, and was selected as the outstanding Computer Science student in his graduating class. He lives in Reno, Nevada with his wife and two sons. All of the Jones family members are avid skiers, fitness nuts, golf crazy, and love to travel.

Principal – LawVision LLC

Mark Medice

Mark Medice is a Principal at LawVision and leads the Financial Performance and Data Science Practice. He has over 20 years of leadership experience providing and applying data solutions to the most pressing challenges facing law firm leaders. Mark spent over 10 years at Thomson Reuters where he launched and led the Peer Monitor program. During that time, he created the Peer Monitor Index (PMI) which is widely used throughout the legal industry. Immediately prior to LawVision, Mark led new initiatives around analytics and metrics at Intapp. Law firm leaders rely on Mark’s unparalleled experience in financial competitive intelligence and benchmarking, predictive analytics, industry performance, rates, pricing trends and strategy, profitability, and other critical issues facing firms today.

CEO – Concata LLC

Jeff Schwarz

Jeff Schwarz is the CEO at Concata, a consultancy that optimizes performance and profitability of law firms. Jeff is a seasoned consultant with over 25 years of law firm experience – first as a partner at an AmLaw 20 firm, and later as CIO and COO at AmLaw 100 firms.  This experience, combined with his background in strategy development, finance, pricing and data analytics, makes Jeff a valued strategic advisor to law firm leaders, helping them navigate an increasingly complex and competitive industry.  Throughout his career, Jeff has designed and implemented strategic solutions that provide sustainable gains in performance and client value.

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