Sentences with phrase «lagging demand for legal services»
While developing strategies to cope with the lagging demand for legal services, lawyer management must understand their partners» expectations so that the former may develop and begin to implement strategies to reduce costs and enhance the volume of profitable business which, in turn, leads to increased revenue per lawyer and profits per partner.
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Given the need for more careful analysis before making new partners as a result of the lagging demand for legal services and shrinking profits, it is also timely to give thought to different classes of partners.
Not exact matches
A new survey of law firm leaders reveals that partners at a majority of the firms don't have enough work, and that demand for legal services is lagging behind pre-recession levels.