What do you get when you combined project management with executive leadership - Executive Sponsorship. See our chart showing the additional value Executive Sponsorship brings to your organization. #ExecutiveSponsorship #OrganizationalChangeManagement #ERP #BigChanges
Morvay Consulting Group
Business Consulting and Services
Transforming Complex Challenges Into Clear, Measurable Successes
About us
At Morvay Consulting Group, we specialize in guiding organizations through complex changes and driving successful project outcomes. Led by Jacob Morvay, a former CFO with over 20 years of experience, we offer a comprehensive suite of services designed to elevate program management and ensure lasting positive results. Our Expertise Includes: Executive Sponsorship: We provide turnkey executive sponsorship programs that ensure your projects are aligned with organizational goals and supported by top leadership. Organizational Change Management: Our team helps you navigate cultural shifts, develop effective strategies, and activate employees to embrace change. Enterprise-Wide Project Planning: From initial scope and goal setting to solution selection and implementation, we manage every aspect of your projects to guarantee success. Employee Activation and Training: We focus on retaining knowledge, setting clear expectations, and developing tailored training programs to maximize employee engagement and performance. Project Recovery and Post-Implementation Support: Whether your project needs mid-course correction or post-go-live enhancements, we provide the expertise to get back on track and achieve your desired ROI. At Morvay Consulting Group, we are committed to delivering on time, on budget, and with clear, measurable returns on investment. Let us partner with you to solve your most challenging project issues and drive your organization forward. Connect with us to explore how we can help your organization thrive.
- Website
-
http://www.morvayconsulting.com
External link for Morvay Consulting Group
- Industry
- Business Consulting and Services
- Company size
- 1 employee
- Type
- Privately Held
Employees at Morvay Consulting Group
Updates
-
📄 x2 📅 = 🤑 + 📆 = 😦 What's that you say? Raise your hand if your firm does a mid-month billing cycle in their final month of the year. On one hand, you are taking the opportunity to bill clients who are open to paying for additional time this year because they may have room in this year's budget. But don't forget, you're accelerating your cash cycle into the current year - robbing Peter to pay Paul. Balance current year performance with next years opportunities.
-
-
Morvay Consulting Group is excited to announce the expansion of our Advisory Panel with the addition of Andre Wouansi, Founder and CEO of Accurate Legal Billing. As firms continue to focus on improving their revenue cycle, Andre brings over 20 years of experience marrying technology to optimal revenue processes. MCG will leverage our relationship with Andre and ALB to continue to bring our clients the most innovative solutions to their enterprise wide projects. Andre - welcome and thank you!
-
MCG is here to help!
The co-chairs of Kramer Levin's White Collar practice have jumped ship (with several other partners) to Gibson Dunn. Kramer's 2023 PPEP = $2.4M Gibson's 2023 PPEP = $5.6M Revenue growth is not enough - firm's need to focus on profitability to ensure they can retain the best talent and provide competitive compensation for high producing partners. Is your firm's revenue growth healthy? Are you growing PPEP and RPL with revenue or is that eroding? The next time someone makes the argument that they should keep a long-time under performing attorney because they can cut their comp, remind them that overhead is expensive and that they are using dollars that could be more strategically deployed.
-
As technology rapidly evolves, professional services firms face increasing overhead costs that are difficult to offset through traditional hourly billing models. Many of the tools and platforms we invest in—critical for maintaining efficiency, compliance, and superior client service—are becoming more expensive. Yet, the cost of these technologies can't simply be passed on to clients as fee increases without risking competitive disadvantage. This is why it's time for our industry to rethink billing structures and consider non-hourly based fee arrangements. By moving towards value-based or fixed-fee models, firms can better align their services with the true value delivered rather than the time spent. This approach not only provides clients with more predictable billing but also allows firms to invest in necessary technology without being constrained by outdated pricing models. At Morvay Consulting Group, we specialize in helping firms navigate such transitions through our trademarked Executive Sponsorship services. By aligning strategic planning, project governance, and organizational change management, we ensure that your firm not only adapts to new pricing models but thrives within them. Let’s embrace this shift and unlock new avenues for growth and client satisfaction. #LegalInnovation #ChangeManagement #ProfessionalServices #ValueBasedBilling #TechnologyInvestment
-
-
Reflecting on the increasing technology costs - how are firms going to pass that along with billable hours? They can't. Clients assign billable hour value to the individual delivering the service. If overhead becomes too large a component, they will not see the value. Further, technology will make the practice more efficient reducing the number of hours firm's can bill for the same work. We are currently writing an article on this premise. Do you have a POV? We would love to hear from you and incorporate your views!
-
The creative thought shown here is a great example of firm's adapting to what technology offers versus forcing it to adapt to you. Only when firm's change "Business as Usual" to a new model that incorporates technology as an asset will we see the ROI needed for today's large technology investments.
Host @ Gossip Without Prejudice Pod🎧🎙️ | COO @ Hemmat Law Group | Profiling misconduct in the legal industry | Building a law firm that feels great to work at | Certified Clio Guy
Want to reduce your firm's fee delinquency by 75%? Shorten your billing cycle. We used to bill monthly at Hemmat Law Group. Why? Because: 1) That’s how we always did it; 2) Monthly was the industry standard; 3) It was convenient and required less administrative effort. Then we realized that increasing our billing cadence offered several benefits. 💰 We could catch delinquencies faster. 💵 Our outstanding balances could get smaller. 👀 Clients would have a better understanding of what they were paying. So we decided to try billing our clients twice a month. In the first month, our fee delinquency dropped by 50%. The rate has only decreased more since then. So now, our firm makes more money, and we sleep better at night. Win win, right? This is just one example of how questioning the status quo leads to better law firms. "That's how we've always done it" is just not a great reason to keep doing the same. Is it?
-
-
Seeing all of the new technology at #ILTACON, firms will have to work hard to adapt! Maximizing ROI requires us to approach projects more holistically. Join us tomorrow for our free CLE, ROI-Boosting Project Strategies for Law Firms, to learn more! https://lnkd.in/gsuCdKrh
-
Tomorrow is the launch of our FREE CLE course. Interested in law firm project strategy? Sign up! If this time doesn't work for you, there are plenty of other options on our LinkedIn events page!
If you're in the practice of law, you know the technology needed to run your practice continues to get more complicated and more expensive. How do you know you are achieving the highest possible ROI? Join us for a one hour webinar to learn more. Free CLE awarded!
This content isn’t available here
Access this content and more in the LinkedIn app