Retaining Clients, Profit and Lawyers with Proactive Talent Management

Background

In the midst of an economic downturn, law firms globally are being challenged on several fronts from profit to client engagement and talent retention. Lawyers are a law firm’s most valuable asset and attitudes towards work have changed with hybrid working in place.

Clients continue to increase their demands for financial transparency. They expect work to be carried out by the right resource, at the right time with Diversity, Equity and Inclusion in mind. From prioritizing talent development to ensuring effective work allocation, law firms need to accelerate their investment in dedicated, efficient and insight-led resource management.

To better support the legal market with these challenges and understand law firms’ progress in achieving better resource management, during May 2023 BigHand gathered a total of 825 responses from law firm leaders, operations teams, HR and resource managers/ work allocation teams from firms of 50+ lawyers from North America and the UK.  Explore our latest market insights to delve deeper into the identified trends and discoveries.

Discover the findings in our latest market insights.

Select an insight below to access more information.

Effective Resourcing at the Heart of Client Engagement and Retention

Read the latest strategies to meet client expectations.

Safeguarding Profit in a Declining Market Through Resourcing

Find out how to achieve more profitable long-term engagement.

Increasing Diversity, Equity and Inclusion Focus to Safeguard Profit and Relationships 

See why 85% of firms have received greater pressure on diverse matter resourcing.

Improving Talent Retention with Career Growth and Development

Discover how to boost your workforce motivation.

Investing in People, Process, and Technology to Transform Resource Management Intelligence

Learn why 62% of firms are actively highlighting efficiency gains from implementing technology to clients.

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Introducing our Insights to Action webinar series!

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!

Innovative Technology

Market-leading technology, shaped by the requirements of the world’s leading law firms.

Leading Industry Expertise

The only provider, globally with unique experience of designing, implementing and embedding resource management structures.

Powerful Integrations

Extensive integration capabilities, allowing you to implement one source of the truth by syncing data from other internal systems.

Firm-wide Data Visibility

Comprehensive dashboards and reporting to provide visibility of essential data across your firm.

Consulting to Meet Your Unique Requirements

Tailored consulting packages, ranging from full strategic transformation projects to knowledge sharing workshops.

Strategic Transformation for Lasting Impact

Extensive integration capabilities, allowing you to implement one source of the truth by syncing data from any other internal system.

BigHand Resource Management delivers real-time visibility of team availability and costs, improved profitability on matters and supports DEI goals with the equitable allocation of work.