Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.
Marketing teams have heard so many times: do more with less — and 2024 has been no different. According to new research, in 2023 law firm marketing budgets shrank (see, Thomson Reuters, "The Oracle's Temple: The State of the Global Legal Marketing & Business Development Profession") even though revenue grew by 4.6% — and yet the demands on the marketing department actually increased.
At the same time, approximately 50% of buyers said that they are looking to replace their existing law firms (see, James Jones, Senior Fellow, Georgetown Law, presenting 2023 Thomson Reuters State of the Legal Industry at the COO CFO Forum), resulting in more pitches, more proposals, more RFPs – and more hours of work for marketing and business development teams.
Add to the mix more competitors that now include an array of mid-size law firms, boutique and specialty firms, accounting firms, new law companies and well-funded alternative legal services providers.
ENJOY UNLIMITED ACCESS TO THE SINGLE SOURCE OF OBJECTIVE LEGAL ANALYSIS, PRACTICAL INSIGHTS, AND NEWS IN ENTERTAINMENT LAW.
Already a have an account? Sign In Now Log In Now
For enterprise-wide or corporate acess, please contact Customer Service at [email protected] or 877-256-2473
In June 2024, the First Department decided Huguenot LLC v. Megalith Capital Group Fund I, L.P., which resolved a question of liability for a group of condominium apartment buyers and in so doing, touched on a wide range of issues about how contracts can obligate purchasers of real property.
With each successive large-scale cyber attack, it is slowly becoming clear that ransomware attacks are targeting the critical infrastructure of the most powerful country on the planet. Understanding the strategy, and tactics of our opponents, as well as the strategy and the tactics we implement as a response are vital to victory.
Latham & Watkins helped the largest U.S. commercial real estate research company prevail in a breach-of-contract dispute in District of Columbia federal court.
Practical strategies to explore doing business with friends and social contacts in a way that respects relationships and maximizes opportunities.