Death of a Law Firm: Staying Strong in the Global Legal Market by Jaap Bosman, Lisa Hakanson
Requirements: .ePUB reader, 310 KB
Overview: For decades, law firms have had one of the most successful business models around. Having weathered many storms, threats, and changes, law firms have managed to increase their profits almost without interruption over the years. As a sector, they have succeeded in growing at a faster pace than the economy in which they operate. Most partners are confident that, one way or another, this will also be the case in the future.
Death of a Law Firm argues that now, for the first time in history, law firms are at an existential crossroads. Taking the wrong direction might very well lead to collapse: the death of a law firm. Dark clouds are building heavily in the sky. When the right measures are taken, it is perfectly possible not only to survive the coming storm but to come out even stronger than before. To compensate for the eroding effect of commoditization, law firms have to change their business model. However simple it might seem, changing a business model might be one bridge too far for most firms.
Genre: Non-Fiction > General
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