Jonathan Hershman’s Post

We were absolutely thrilled with the turnout for last week’s webinar, "Growth and Change Opportunities for 2025: Strategic Insights for Law Firm Leadership." It was a pleasure to engage with leaders who are navigating the rapidly evolving landscape in the legal sector. During the webinar, CEO Dan Safran covered critical trends, strategies, and solutions to help firms thrive in the coming year. Here are the top 5 takeaways: 💡Market and Financial Dynamics: We discussed the challenges of balancing rising client demands with revenue growth, exploring trends in growth approaches, rate adjustments and alternative fee arrangements. The importance of sustainable and differentiated growth models was emphasized, particularly as the competitive landscape intensifies. 💡Client Expectations: The need for personalized, transparent services is growing, with clients increasingly seeking proactive, technology-enabled support and education. We discussed methods for meeting these expectations through digital tools, greater transparency and improved client communications. 💡Operational Efficiency: As firms strive for cost-effectiveness, we covered successful models for centralizing administrative functions (e.g., teaming model adoption), modernizing and centralizing associate work allocation, and implementing changes to everything from business intake through to billing and collections. 💡Technology and Automation: From AI-driven analytics to workflow optimization, we highlighted how firms can leverage technology to enhance operational efficiency and client satisfaction. Implementing automation in billing/collections, work and document efficiency and improved financial and operations analytics and reporting are among the key areas where firms are seeing quick returns. 💡Talent Management and Hybrid Work: With hybrid work models reshaping the workforce, we focused on strategies for retaining talent, fostering DEI programs, and enhancing employee engagement. These practices are crucial for building a resilient, collaborative workforce. The webinar is now available on demand – and we invite you to download it here: https://lnkd.in/ggcf5-sK

What does real business transformation look like? A client of ours went from overwhelmed to unstoppable, thanks to one of our rockstar VAs, AND cut down on their operational costs. 🎯 More and more corporations and small businesses are turning to fractional work to make their business succeed. According to Deloitte’s 2022 study, companies that employ fractional workers save up to 60% in operational costs compared to hiring full-time employees. So what is stopping you?

It is puzzling that the topmost priority of most of the consulting companies is quick delivery of value to customers, while at the same time most of customers opinion on consultancy is so negative. It's not uncommon to hear consultants speaking highly of their work being orientated on delivering results quickly to the client and down talking employees fine tuning their projects for a long time. it's not uncommon to hear employees complaining about consultants moving on quickly to grab their money and leaving behind no permanent change, or even worse: results of their work that no one wants to maintain or live with for a long time.

🔍 Shared Challenges, Bigger Opportunities 2025 is set to redefine the relationship between accounting firms and their clients. From tackling talent acquisition challenges to leveraging fractional services and advancing CAS, collaboration is the key to thriving together. Explore actionable strategies for driving mutual success in the evolving business landscape. 👉 Read the full article here: https://lnkd.in/gMhAx9p4 #AccountingFirms #BusinessGrowth #Collaboration #ClientAdvisoryServices #ThinkpinTK

Friendly reminder! As you allocate budgets for external consultants, remember that you’re not just paying for their time—you’re investing in their expertise. When you choose to bring me into your organization, you’re gaining the benefit of 10 years of experience and hundreds of organizations, along with my ability to identify key challenges and implement solutions that could save your team years of work. When it comes to achieving your goals, the choice is clear: if you don’t have the budget, you’ll pay with time and effort. But if you value speed and accelerated growth, invest in expertise and stop reinventing the wheel. By bringing in experienced professionals, you fast-track solutions, avoid costly mistakes, and save years of trial and error. #managertraining #performancecoaching #talentstrategy

Have you ever considered this when hiring contract or interim resources? Unless it’s a direct engagement, you’re likely paying for an unproductive shadow resource every single day of the engagement. The traditional layers of agencies, consultancies, and intermediaries often add costs without contributing directly to your goals. These layers create inefficiencies, essentially, you’re funding a shadow that doesn’t drive any value. Now imagine replacing that unproductive shadow with a hive mind, a collective of experienced boutique consulting focused on delivering your outcomes with fee transparency and fees linked to outcomes. Boutique consulting models bring together specialists who act as one agile, cohesive team. Instead of managing overhead, you get access to a collective brain trust where every individual brings deep expertise and is directly invested in your success. Boutique consulting, people who get it and get it done for you. It’s time to rethink what real value looks like in interim and consulting engagements. Let’s cut out the inefficiencies and work with those who are committed to moving the needle for your business. I’d love to hear your thoughts on this, are you open to a faster, cheaper and safer route to better outcomes? #InterimManagement #BoutiqueConsulting #ValueDelivery #OperationalExcellence #DirectEngagement #Transformation #CollectiveIntelligence

Managing change is never easy, but for smaller firms with limited resources, it can be especially challenging. See this post for tips on guiding your change initiative to success, and learn how skilled consultants can help support the process. https://bit.ly/3Zl91aM

What’s top of mind for private enterprises? Approximately every quarter, we survey 100 C-level executives to find out. We ask them about strategies, risks, and opportunities they see ahead for their privately-held enterprise. That research turns into private company outlooks—which provide you with the most useful insights for now and in the near future. Explore some of our recent topics below, and discover how fellow private enterprises navigate growth, financials, talent, and more. #privatecompanies #DeloittePrivate #DeloitteTax #growth #transformation #talent

Managing change is never easy, but for smaller firms with limited resources, it can be especially challenging. See this post for tips on guiding your change initiative to success, and learn how skilled consultants can help support the process. https://bit.ly/3VqLfJc

Managing change is never easy, but for smaller firms with limited resources, it can be especially challenging. See this post for tips on guiding your change initiative to success, and learn how skilled consultants can help support the process. https://bit.ly/3VYYXU2