The role of pricing teams within law firms has changed over the years, evolving from the design of different pricing structures, to owning the matter budget process, to participating in client negotiations. This extended remit demonstrates the importance of the function in the evolution of service delivery.
Join us as we unpack how the responsibilities of the pricing function are changing in response to enhanced commercial models, increasing client demands, and economic challenges.
Learn how firms are:
- Responding to client demands for financial transparency
- Optimizing internal structures and pricing models to expand matter efficiency and profitability
- Empowering lawyers with the right information and processes to support more profitable client engagements
- Leveraging technology to support an effective pricing and budgeting process