From reduced profits to the need for fewer attorneys, law firm partners and chief financial officers are well aware of the implications of continued economic conditions for their firm. But before taking drastic measures, such as layoffs and salary cuts, every law firm should look at strategies that can help relieve some pressure on firm profit margins. There are 6 Profit Points of every law firm that, in these days of shrinking client demand and growing firm expenses, should be integral to any strategy. If you want ideas for increasing firm profitability, this is a must read.
Read more on the PDF created by LexisNexis and The Profit Point Group…