5 Ways Firms Can Add Value Without Increasing Costs

Law360, New York (April 27, 2016, 3:08 PM EDT) -- After dropping fees as low as they can go and delivering quality legal services, there are still a plethora of moves law firms can make — but often do not — in order to get an edge on the market and satisfy inside counsel, experts say.

Lawyers have been "laggards" in terms of innovating how they serve clients, according to legal business consultant Mark Cohen, founder of Legal Mosaic LLC. He said there has been a "tectonic shift" in the way big corporations buy legal services. With more providers and more options, it's become a buyer's market and outside law firms...

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