Tag Results

In the face of declining profits, client demand and increased staff attrition, the legal services market is currently facing the risk of a significant downturn in profitability.

Today’s most successful firms know they must continually adapt and evolve. Those that have done so in the past can now take advantage of the new digital realities shaping our modern legal market.

Market trends of recent years have been a catalyst for cultural change within law firms. Within the legal industry, there’s been a renewed focus on employee wellbeing, and improving the picture around diversity, equity and inclusion.

To gain improved profit margins, productivity is now more important with a greater emphasis being placed on reducing time wastages so lawyers’ time and resources can be spent on client focused billable hours rather than administrative tasks.  

As law firms enter another year of challenging economic circumstances, many are evaluating their strategies to remain profitable