Tag Archives: profitability

Technology holds power for all kinds of businesses. Law firms, especially, are areas where tech holds vast potential to revolutionize everything.

Register here! Using Technology to Increase Your Team’s Productivity September 23rd, 2020 2:00-2:30 PM ET In business, productivity equals profitability. Your law firm can’t afford to not operate at its peak productivity level, but it can be challenging to foster team-wide accountability, especially when you’re working remotely. Finding the right technology and tools and knowing how to use them to …

The current day scenario presents small & medium sized law firms with ample opportunities to increase their profitability.

Lawyers must gaze starkly at the options before them: evolve their practice to endure and prosper or risk becoming Darwin’s endangered species.

LexisNexis is here to help you get moving in the right direction.

Earlier this year, Georgetown University Law Center and Peer Monitor announced their “2014 Report on the State of the Legal Market,” which conveyed the situation of many law firms in simple economic terms: supply outweighs demand. Just as with widgets and the price of eggs, high supply and low demand means that the cost of legal services—what your clients are …