Safeguarding Profit in a Declining Market Through Resourcing

Safeguarding Profit in a Declining Market Through Resourcing

BigHand’s latest research into legal work allocation and resource management looks at how the global economic downturn is being felt by the majority of law firms and how client expectations will continue to have a significant impact on profitability unless firms achieve far more efficient resource management.

Read the market insight to gain perspectives from 825 law firm leaders and understand why:

  • 87% of firms confirmed that clients have become far more business savvy when buying legal services over the past 12 months
  • 64% of firms say they have a greater focus on delegating the right work to the right resource at the right cost
  • 44% of firms confirmed that reviewing resourcing of matters with a profit focus is a priority in the next 12 months
RM Insights Webinar Series

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Explore how to apply these insights effectively by joining our experts in a 3-part webinar series centered on BigHand's latest market research, "Retaining Clients, Profit, and Lawyers with Proactive Talent Management."

Register now to access valuable tips and strategies for optimizing work allocation, leveraging data and technology to enhance profitability, and much more!