Profitability Improvement

April 25th, 2012 | admin

A law firm’s profitability is the strongest indicator of the firm’s ability to attract and retain top talent and to fund growth. Our team guides law firms in understanding the economics of their practices, offices, and partners.  This perspective allows the development of profitability goals in relation to your significant competitors, as well as the design and execution of a range of profitability improvement initiatives in areas including:

 

  • Pricing
  • Cost reduction
  • Alternative service delivery models
  • Addressing or reducing low value client segments.