The future for the uninformed law firm looks bleak not just on the competitive landscape. The nature of revenue growth is in jeopardy. Historically, law firms have been able to sustain and, in some cases, grow by a combination of a few basic factors: (1) increasing the volume of business (e.g. adding new clients and/or generating more work from existing clients); and (2) increasing the price of the business (e.g. raising rates).
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