The current economic climate will incline lawyers, specifically litigators, to rethink their fee structures. With inflation at a 40-year high, residential and commercial rents rising, and a predicted looming recession, clients are tightening their budgets, but also demanding the same level of service and results from their attorneys.
- July 01, 2022Nicole R. Rekant and Stevan J. Pardo
In this marketplace, one thing is abundantly clear: To remain competitive, you must adapt. So how can you adapt in a way that meets the increased expectations of today's client? Focus on client experience.
June 01, 2022Kristen DallmanLaw firms must continuously review business and legal processes to operate and interact with less waste and costs and develop pricing models that address client needs while generating profits for the law firm. This is actually simple, but not easy to do.
June 01, 2022Catherine Alman MacDonagh and Frederick J. Esposito Jr.This article explores the connection between process improvement, project management, and pricing. Clients want budget predictability, options in fee arrangements, and value. The firms that do this well, regardless of their size or location, will have the competitive advantage.
May 01, 2022Catherine Alman MacDonagh and Frederick J. Esposito Jr.If you're unsure about how to get your cross-selling efforts going, marketing and business development content, in all of its forms, is your secret weapon for cross-selling your firm's services.
April 01, 2022Wayne PollockMany firms have made a valiant attempt to maintain firm culture in the brave new world in which we find ourselves. Culture is not something that is pre-destined or accidental. Rather, it is something that exists and evolves in organizations where particular skill sets are present and cultivated.
April 01, 2022Marci TaylorIf you're in that boat, or you are unsure about how to get your cross-selling efforts going, marketing and business development content, in all of its forms, is your secret weapon for cross-selling your firm's services.
April 01, 2022Wayne PollockA series of interviews with large law firm partners around the world to better understand how they are leveraging technology to drive innovation and transformation in their practices.
March 01, 2022Ari KaplanProper planning is key to ensuring a company's financial health when facing an economic downturn. Although companies will come into such planning with different levels of financial health, the same considerations can be helpful in determining the best path forward.
March 01, 2022Derek F. Meek and Hanna LahrWe're well into 2022, and despite the flip of the calendar, COVID is still sweeping the U.S., it feels like not much has changed. Or has it?
March 01, 2022Vivian Hood and Terry M. Isner










