Top 7 Reasons Firms Are Leveraging Experience Data

Looking forward, firms appear to be counting on rate increases to maintain profitability, but there are signs that clients are likely to be more resistant to further rate hikes as payments slow down and realization was in decline at the end of 2022.

6 minute read March 01, 2023 at 12:09 AM
By
Jason Noble
Top 7 Reasons Firms Are Leveraging Experience Data

The competition for outside legal services has never been more intense. 50% of buyers have adjusted their law firms in the last 12 months, and that will continue through 2023.

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