Exciting new series on “Voice, Body and Movement for Lawyers – How to connect with the jury and find Justice Through Dramatic Technique!”

Click here to find out more

Improving Law Firm Profitability and Performance Amidst Reduced Demand and Tighter Budgets

27 Mar , 2023

To register for the upcoming live webinar, please check back later.

Demand for legal services has shifted dramatically and quickly from two years of unprecedented growth and profitability to deep uncertainty and threats of recession. Most firms are employing a mix of budget tightening, layoffs, planned attrition, and conservativism in undertaking strategic initiatives. To sustain revenue and buoy profits without damaging the firm for the mid- and longer-term with excessive cost reduction and headcount reduction, a savvy portfolio of no- and low-cost business performance investments can be made even in times of economic uncertainty and slumping legal demand. We will discuss the potential damage in undertaking some of the tactics firms are employing and illustrate options that can not only sustain the firm but ultimately set it on a course to more sustainable profitability and deeper client relationships.

Learning objectives:

Understand firm business operations, client relationship building, and talent sustainability options to increase profitability in periods of slipping demand

Clarify no-cost and low-cost ideas and investments that should still be pursued even in a downturn.

 

To register for the upcoming live webinar, please check back later.

More Webcasts

Master Trial Series ...

Session 9 of 10 - Mr. Kornblum, a highly experienced trial and litigation lawyer for over 50 years w...

Error Resolution & D...

This webinar will focus on the background of Electronic Fund Transfers Act, as well as recent develo...

Bank Fraud...

This session provides a practical overview of bank fraud, helping participants identify common fraud...

Ethical Consideratio...

No good deed goes unpunished – ethical considerations when representing family and friends. It...

Master Trial Series ...

Session 8 of 10 - Mr. Kornblum, a highly experienced trial and litigation lawyer for over 50 years w...

Overview of ACH Rule...

This session provides a foundational understanding of the rules and regulations governing ACH (Autom...

Offshore Asset Prote...

This course offers a clear, practical introduction to offshore asset protection planning. Attendees ...

Exploring Long Term ...

This course provides attorneys with a foundational understanding of Long-Term Care (LTC) Medicaid, i...

Attorney Cybersecuri...

This CLE explores the interaction of statutory, ethical, and practical cybersecurity obligations pla...

Intervention Strateg...

With the alarming prevalence of substance use and mental health disorders in the legal profession, i...