Corporations have traditionally scrutinised how well their business units, including their law departments, are managing their workflow and costs. When the global economy is under strain, however, that scrutiny has become even more urgent.
Today’s law firms aren’t just about star lawyers running point on a client’s matter. They’re about a team of allied professionals bringing their combined expertise to bear to achieve an outcome for the client.
Market forces are converging to change the competitive environment for law firms. What role does a firm’s business model play in achieving success? Michael writes on how one law firm’s unique model has led to fast growth.