Law firms must provide true client value, in an increasingly competitive environment, What’s covered in this article? What’s powering law firm growth in America The paradox of rate rises How can law firms retain clients? Legal services have always been a competitive environment, but the pressures law firms now face from NewLaw providers and rising […]
Should I Start a Startup?
The short answer is no. If you read about successful young entrepreneurs who started from scratch and became a billionaire in the short term, you must realize that such is often survivorship bias. However, is succeeding in doing something from scratch possible? Yes! There are no limitations if we understand how things work in the real […]
The Next Grade of FinTech
For a long time, competition in the market has passed from the technological to the social and cultural plane, and it seems that this is the most awkward stage of development for financial technologies. A decade ago, FinTech solutions brought with them additional value for people, simplifying processes and providing new opportunities for making payments […]
The Middle 60% Now Own Less Wealth Than The Top 1%
In 1989, the American middle class claimed 36% of the nation’s wealth. Unfortunately, the top 1% owned less than double that share: 17%. The middle class’s share has steadily declined since then, while that of the super-rich has skyrocketed. This year, for the first time, the top 1% owns a more significant share of U.S. […]
The Next Right Thing, Emily P. Freeman
“Our Western minds are trained to go down the path of explaining. We think if we can understand it, then we can control it.” If you don’t see the clear path, the end game, or the five-year plan, take heart. Be excessively gentle with yourself. Get still. Stop talking. Pause the constant questioning of everyone else’s […]
How to Find Fulfilling Work, Krznaric Roman
First, what are the core elements of a fulfilling career? We need to know what we are actually searching for, and it turns out that there are three essential ingredients: meaning, flow, and freedom. For instance, should we prefer a career that offers great pay and social status over working for a cause we believe in, […]
Essentialism, Greg McKeown
✋ “If you could do only one thing with your life right now, what would you do?” We often think of choice as a thing. But a choice is not a thing. Our options may be things, but a choice—a choice is an action. It is not just something we have but something we do. For […]
The Best Industries Suited for the Recurring Revenue Model
Since Ivexe pivoted, we can see businesses that are best suited for the recurring revenue model. Even though businesses from many different industries have been transforming themselves to fit into the recurring revenue model, certain business types are particularly suited for this business model. Content-based Businesses that provide access to media content, like audio, video, courses, […]
How Law Firms Can Improve Client Experiences
Legal services consultancy Altman Weil pointed out in a recent survey that law firms are not immune to the same quest for customer knowledge that all businesses must address. Namely, are firms delivering what customers actually want? What’s covered in this article? How clients judge a law firm’s client experience; Why do clients leave law […]
Toward a Better Subscription-Based Business Model
One of the most significant privileges of modern life is our freedom of choice. And although this freedom is, in most cases, limited by the norms and rules of our society, which is quite natural, thanks to this opportunity people are making discoveries, creating inventions, and achieving goals. If the thesis of freedom or the […]