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Adapting to Change - Law Firm Profitability in the Digital Age
Suzette Welling, CLM & Margaret Burke, CLM had the opportunity to present to the Michigan Bar Association recently. This webinar comprehensively explores transformative shifts within the legal industry, especially in regard to law firm profitability and client relations.
Key highlights of the virtual seminar include:
Evolving Landscape: We'll explore the transition from traditional to modern law firm operations, emphasizing the adoption of digital solutions for increased efficiency.
Client-Centric Billing Models: Learn how client expectations are reshaping billing practices, including the adoption of Alternative Fee Arrangements (AFAs) for improved client relations and profitability.
The Role of Cost Accounting: Understand the importance of cost accounting in assessing and enhancing firm profitability, with practical insights for implementation.
Practical Implementation: Receive a clear guide for integrating modern practices into your firm, addressing challenges and leveraging new billing models for competitive advantage.
Key highlights of the virtual seminar include:
Evolving Landscape: We'll explore the transition from traditional to modern law firm operations, emphasizing the adoption of digital solutions for increased efficiency.
Client-Centric Billing Models: Learn how client expectations are reshaping billing practices, including the adoption of Alternative Fee Arrangements (AFAs) for improved client relations and profitability.
The Role of Cost Accounting: Understand the importance of cost accounting in assessing and enhancing firm profitability, with practical insights for implementation.
Practical Implementation: Receive a clear guide for integrating modern practices into your firm, addressing challenges and leveraging new billing models for competitive advantage.
