No silver bullet for law firms

Law firms are implementing new pricing arrangements in response to clients, but there is no magic solution to maintaining profitability in this new world
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Law firms are implementing new pricing arrangements in response to clients, but there is no magic solution to maintaining profitability in this new world kentoh

Managing consultant Jim Hassett has conducted interviews with 50 leaders at US law firms on their view of the ongoing transformation of the legal marketplace.According to Mr Hassett, the question is how legal project management can help firms protect profitability after committing to a fee. He says there is still a great amount of controversy about how to select the legal project management approach likely to produce the greatest benefits. Sources: Law360 ; How law firms sell

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