The Law Firm CFO’s Role In The Strategic Planning Process
It’s been nearly 10 years since the start of the “Great Recession,” and some law firms still have not recovered.
Across the legal industry, demand growth is stagnant, pricing pressure is intensifying and profit margins are declining. Cybersecurity threats, advancing technology and compensation changes have impacted the bottom line. Facing all of these pressures in a hypercompetitive market with continued consolidation, law firm leaders have a heavy task on their hands: developing a strategic plan that positions...
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