RBRO Solutions: Legal technology is attracting a commitment to change
As the global economy continues to be disrupted, we are noticing that more lawyers are looking for work provisions and environments that are more flexible.
READ MORE >>RBRO Solutions: Legal technology is attracting a commitment to change
As the global economy continues to be disrupted, we are noticing that more lawyers are looking for work provisions and environments that are more flexible.
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Imagine spending hundreds of thousands on a Rolls Royce only to kit it out with plastic seats or an underpowered engine – this would devalue the car from the outset… and yet we effectively do the same thing with projects all the time!
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While the majority of law departments weathered the impacts of the early pandemic economy with moderate changes to legal spending and staffing, most law departments anticipate a continued rise in legal demand that they will meet with investments in in-house capabilities, according to the 2021 HBR Consulting (HBR) Law Department Survey and HBR’s series of law department Sounding Boards held throughout 2021.
READ MORE >>HBR Consulting: Vision vs. Reality – Getting to the law firm workplace of the future
The COVID-19 pandemic created a state of uncertainty and upheaval around the world, shaking businesses, industries, and the economy as a whole to their very foundations.
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While the majority of law departments weathered the impacts of the early pandemic economy with moderate changes to legal spending and staffing, most law departments anticipate a continued rise in legal demand that they will meet with investments in in-house capabilities, according to the 2021 HBR Consulting (HBR) Law Department Survey and HBR’s series of law department Sounding Boards held throughout 2021.
READ MORE >>Konica Minolta: Why now is the time for legal firms to embrace digital transformation
There is an old saying about nothing being certain in life apart from Death and Taxes, but I think it’s fair to add legal services to that list. Whilst the world, and much of the economy has paused numerous times during the global pandemic, legal services have continued.
READ MORE >>MyCustomerLens: From “I know my clients” to “We know our clients”
Saying “I know MY clients” is no longer enough to protect and grow revenues. Forward-looking firms are transitioning to a model where Partners, fee-earners and Marketing/BD teams can confidently say: “WE know OUR clients”
READ MORE >>Lexisnexis: High growth study 2021 – An executive roundtable
Equipped with data-driven insights their competitors don’t have, high growth firms use a broader array of digital marketing techniques that help them generate more digital leads, even as the world economy grinds to a halt.
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