Credit:Nuthawut/Adobe Stock; Questions to Ask and Strategies to Grow in an Uncertain Economic Climate
Before you ditch the outside vendor or let employees go, honestly assess what programs are working, change or eliminate the ones that aren't, invest in areas that show potential for truly impactful growth, and focus on a strategic and creative marketing approach.
February 10, 2023 at 09:18 AM
7 minute read
In an economic downturn, the easy option is to conserve and preserve cash by reducing headcount and slashing external vendors. And in the wake of recent layoffs by law firms, corporations, professional services and legal tech companies, it seems almost second nature to join your peers when the financials aren't looking so good.
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