This article appeared in Accounting and Financial Planning for Law Firms, an ALM/Law Journal Newsletters publication covering all financial aspects of managing law firms, including: building a law firm budget; rates and rate arrangements with clients; coordinating benefits for law firm partners; and the newest strategies to grow your firm and your career.
Over the past several months, the following headlines have appeared in the legal press:
- “Demand for attorney services has declined for the third consecutive quarter”
- “RPL grew at a 1.5% increase YoY from 2016 to 2017 in the AmLaw 100”
- “37% of General Counsel plan to expand their in-house legal staff in 2018”
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