THE 2024 LAW FIRM OPPORTUNITY REPORT
In this first ever opportunities report, we explore the financial opportunities that lie within major trends now impacting the market for legal services. How should you address clients pulling more legal work in-house? How can you attract and retain younger talent? Have you broached the difficult topic of succession? All that and more, within the report.
Many established law firms lack the agility and resources required for chasing new forms of business or attracting and retaining the young talent who’ll grow into future partners. Yet there is no reason they cannot change. We explore what law firms can do to evolve.
Citrin Cooperman's Private Company Performance Report
The Professional Services Industry in 2024: Intersection of Talent, Technology, & Data
The Remote Shift: Driving Talent, Operations and Innovation in Professional Services
Many established law firms lack the agility and resources required for chasing new forms of business or attracting and retaining the young talent who’ll grow into future partners. Yet there is no reason they cannot change. We explore what law firms can do to evolve.
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In many ways, our most important recommendation for law firms is the least revolutionary: Get back to finance and tax basics. Run a solid, cash-flow-positive organization able to service its debt and taxes. We have seen far too many firms neglect these operations to their detriment.
increase in legal fees in 2023
of companies are bringing more legal work in-house
lawyers under 40 are choosing to leave the profession
of law firms are using AI for process automation
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