Credit: AePatt Journey/Adobe Stock Dollar's Strength May Influence Billing, Talent and Expenses in Big Law
Exchange rates could affect how U.S. law firms manage certain expenses, set billing rates and attract laterals. And firms outside the U.S. could also benefit.
August 09, 2022 at 01:33 PM
6 minute read
Law Firm Management
Law firms won't totally pivot their international strategies based on the fluctuating value of currency. But the dollar's increased strength may influence how U.S. law firms manage certain expenses, set billing rates and perhaps give them a boost when they're trying to attract laterals around the globe, say law firm leaders and industry analysts.
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