The legal services market is going through an unprecedented period of change and uncertainty, bringing with it an overwhelming feeling of insecurity among legal professionals as to the future of their practice. It’s time for the legal sector to wake-up and adapt to this new and dynamic set of trading conditions or suffer the consequences. Those who will thrive in this new economy will actively demonstrate their relevance to their clients and will adopt sustainable business models.
In this guide, Jeremy Hopkins draws on his vast experience of legal practice management at leading commercial barristers’ chambers to examine the ways in which legal professionals can guarantee their success such as:
- Focusing on key clients
- Protecting your business
- Embedding services through the use of technology
- Using technology to your advantage
- Pricing considerations
- Choosing the right service delivery models