When it comes to capturing growth, dynamic law firms are more like pirates than staid corporations: embracing change, splitting their bounty and making treacherous conditions look easy to navigate.
That’s the conclusion of the latest Dynamic Law Firms Report from Thomson Reuters, which found the law firms that had the highest growth rates on multiple profit metrics also shared key attributes, including higher pay raises, more willingness to adopt new technology and communicate environmental, social and corporate governance initiatives.
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