Credit: Miha Creative/Adobe stock To Improve Profitability, Law Firms Are Falling Back on the Basics Instead of Transformational Shifts
Large law firms this year are working on fundamentals in billing rates, talent strategy and client development to build profit, according to results of a new survey of firm leaders.
July 27, 2022 at 02:47 PM
5 minute read
Law Firm Management
The original version of this story was published on The American Lawyer
Despite law firm profits soaring in the last year, firm partnerships are increasingly uncertain about the future. As a result, according to new survey results, law firms are now doubling down on financial fundamentals such as pricing, clients development and talent.
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