Law Firm Profitability Insights: Profitability from Efficiency
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Clients are seeking more value from their outside counsel. Value defined as efficiency of work, predictability of cost and cost effectiveness. There are ways to satisfy clients while maximizing your firm’s profits. In the white paper “Law Firm Profitability Insights: Profitability from Efficiency,” you’ll see how limiting the amount of time lost (on write-downs or unbillable time) can actually mean up to millions in revenue gained. See how an effective knowledge management strategy can get you there.
In today’s market, law firm profitability is directly impacted by lawyer efficiency, which in turn is dependent on how well a firm uses its internal know-how and resources.