Changing the Law Firm Business Model

If a law firm wants to conform to a client's need for responsiveness in the new competitive environment, big changes are required in its business model and, culturally, lawyers need to recognize that other professionals are better at certain tasks than lawyers.

21 minute read November 02, 2014 at 12:00 AM
By
William C. Cobb
Changing the Law Firm Business Model

For years, ever since we published our first book on Alternative Billing in 1989, this author has been talking about the changes needed in the law firm business model. Most law firms are almost 60 years behind their clients!

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