The Power of Legal Project Management

Name: The Power of Legal Project Management | A Practical Handbook, Second Edition
Brand: American Bar Association
Price: 196.99 EUR
Availability: OnlineOnly

A Practical Handbook, Second Edition

Jr. David A. Rueff Susan Raridon Lambreth(Autor*in)

American Bar Association (Verlag)

Erschienen am 2. Mai 2022

336 Seiten

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978-1-64105-991-6 (ISBN)

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Beschreibung

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Inhalt

Intro
Title Page
Copyright Page
Contents
About the Authors
About the Contributors
Introduction
Glossary of Legal Project Management Terminology
Section 1 Continued Evolution of the Legal Ecosystem
Chapter 1 Current Trends Driving Project Management
Changing Market for Legal Services Places New Focus on Project Management
Increased Pressure on Legal Departments and Purchasers of Legal Services
Changing Demands and Expectations for Outside Counsel
Increasing Competition for Legal Work
Changing Profit Equation for Law Firms
Recognition of the Problems with the Billable Hour
Chapter 2 Legal Project Management in the Post-COVID-19 Era
Why Study the Effects of COVID-19 and Its Aftermath?
What Happened? COVID-19 Workplace Changes
What Are the Risks? LPM and Risk Mitigation
What Has Changed in Our Workplaces?
LPM and Change Management in Response to COVID-19
LPM Supporting Workplace Collaboration
LPM and the Control Environment
LPM and Public Trust
LPM Promoting Job Growth-Diversity, Equity, and Inclusion
Additional Benefits of LPM in the COVID-19 Era and Beyond
Conclusion
Section 2 Legal Project Management Framework
Chapter 3 Introduction to Legal Project Management
Deriving a Project Management Approach for the Practice of Law
What Is Legal Project Management?
Benefits of Legal Project Management
The Legal Project Management Framework
A Word of Caution to Law Firms: Integrate LPM with Matter Intake
Association of Corporate Counsel Legal Operations Maturity Model 2.0: Overview
CLOC's Matter Life Cycle Management Initiative
Chapter 4 Engaging with the Client
Introduction to Engaging Phase
Stakeholder Analysis
Identifying Stakeholders
Impact of Not Identifying Stakeholders
Capturing Information about Stakeholders
Analyzing Stakeholders
Setting Key Stakeholder Expectations
Project Charter / Scope of Work Statement
The Process of Developing a Scope of Work
The Benefits of Developing a Scope of Work Document
Chapter 5 Planning the Matter
Overview of Project Plan
Schedule and Work Breakdown Structure
Resource/Staffing Plan
LACI Chart
Communication Plan
Risk Management Plan
Change Management Plan
Goal of Project Planning
Increased Efficiency-A Key Goal of Project Planning
Chapter 6 Budgeting for the Matter
Budgeting a Legal Engagement
Seven-Step LPM Budget Approach
Step 1: Confirm the Scope of the Engagement
Step 2: Identify the Framework for Budget Development and Tracking
Step 3: Create a "Playbook" for the Matter-Assignments or Subtasks
Step 4: Identify Resources, Rates, and Time Estimates
Step 5: Identify Task Level Assumptions, Risks, and Constraints
Step 6: Collaborate with the Client to Confirm the Budget
Step 7: Implement Internal Monitoring Tools to Manage the Budget and Provide the Client with Early Warning of the Need for Changes
Development of Task-Based Billing
Chapter 7 From Budgeting to Pricing the Matter
The Pricing Decisions
Fee Level-How Much to Charge
Fee Structures-How to Charge
The Limitations of the Hourly Rates
The Use of Time-Based Billing
The Use of Fixed Fees
The Use of Success Fees
The Use of Hybrid Structures
Comparing Hourly Rates, Estimates, Fixed Fees, and Capped Fees
Dealing with Uncertainty
Chapter 8 Executing the Matter
Dealing with Scope Creep
Managing the Project Team
Regular Communications within the Project Team
Keeping the Team on Track: Assigning and Managing Resources
Monitoring Budget to Actual
The Role of a Project Management Information System in the Executing Phase
Setting Up the PMIS
Monitoring Performance
Reporting Performance to the Client
Examples of Legal Project Management Information Systems
Earned Value Management-Assessing and Controlling Project Success in Law Firms and Law Departments
EVM Basics
EVM Analysis
A New, More Thorough Approach
Chapter 9 Communication Management
The Need for Enhanced Communications
Current Methods of Communication with the Client
Current Methods of Communication within the Legal Team
Clarifying Expectations with a Communication Plan
Encouraging Efficiency by Improved Communication with the Client and Legal Team
Chapter 10 Evaluating and Closing the Matter
Monitoring the Matter
Evaluating the Matter: End of Matter Debriefs
Capturing Knowledge/Reusable Assets
Closing the Matter
Section 3 Legal Project Management in Operation
Chapter 11 Establishing a Project Management Function in Your Legal Organization
Identify the Key Stakeholders for the LPMG and Create Buy-In
Identify a Consistent LPM Approach
Develop the Scope of Services for the LPMG
Consistent Application of the PM Methodology
Promoting Adoption
Training
Pricing and Procurement
Data Collection and Reporting
Skill Sets and Resources Necessary for Supporting Project Management in a Legal Organization
Chapter 12 Creation of a New Era of Legal Professional
The Demand for a New Legal Support Professional
The Role of a Legal Project Management Professional
Project Manager at the Matter Level
Change Agent and Leader of Initiative
Portfolio Manager
Trainer/Educator
Solutions Designer
Technical Marketing
Innovation Consultant
Billing for Legal Project Managers
Further Evolution
A Day in the Life of an LPM for a Litigation Practice
A Day in the Life of an LPM for a Business Practice
A Day in the Life of an LPM from the View of a Former KM Attorney
Chapter 13 Using Legal Project Management to Drive Client Growth and Retention
LPM and Client Development
LPM on the Rise
Key LPM Drivers
Case Studies
Key Takeaways for Client Development
LPM to Position a Law Firm in the Marketplace
Chapter 14 Proving the Value of LPM
A Client and Law Firm Collaboration to Establish ROI
The Idea
The Opportunity
Designing a New Model for NCC
The Proof
Continued Results
Chapter 15 The Role of Knowledge Management in Legal Project Management
Traditional Approaches to Knowledge Management in Law Firms
How Can KM Support LPM and LPI?
Where to Begin?
What Is the Ultimate Objective?
Good News, Bad News-KM Maturity Is a Critical Enabler
Section 4 Considerations for Lawyers Implementing LPM
Chapter 16 Satisfying Ethical Obligations and Protecting against Malpractice through Legal Project Management
Project Scope
Project Budgeting
Project Communications
Project Quality
Chapter 17 Lawyer Personality Traits and Legal Project Management Roles
Lawyer Traits
Skepticism
Urgency
Sociability
Resilience
Abstract Reasoning
Autonomy
Cognitive Empathy
Managing a Team of Lawyers
Conclusion
Appendix 1: LawVision/LPM Institute LPM Templates
Appendix 2: BakerManage® Working Templates for LPM Phases
Appendix 3: Job Descriptions for Legal Project Management Positions
Index

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