X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
risk illustration (Photo: Shutterstock.com)

Law firms are struggling to comply with clients’ outside counsel guidelines, leading to slower rates of realization and increasing write-offs, according to a recent report from timekeeping technology company Bellefield and the Association of Legal Administrators.

Dan Packel

Dan Packel covers law firms' global strategy and economics. Based in Philadelphia, he writes a weekly briefing for Law.com, "The Law Firm Disrupted," exploring change and innovation in the legal services market. Contact him at dpackel@alm.com. On Twitter at @packeld

More from this author

 

You Can't Manage It If You Don't Measure It

How are you illustrating differentiation to clients and potential lateral targets? How are you measuring performance against peers? Use Legal Compass to benchmark a firm against its competitors, unearthing unique insights about performance, partner retention, market penetration and more. Click to log in, or begin your free trial.

Get More Information
 

Legalweek New York 2020Event

Legalweek New York explores Business and Regulatory Trends, Technology and Talent drivers impacting law firms.

Get More Information
 

The Asia Legal Awards 2020Event

Where the region's top lawyers, law firms and in-house teams will gather to celebrate their most stellar achievements of the year.

Get More Information
 

The Asia Legal Awards 2020Event

Where the region's top lawyers, law firms and in-house teams will gather to celebrate their most stellar achievements of the year.

Get More Information
 

General Counsel Summit (GCS) 2020Event

General Counsel Summit is the premier event for in-house counsel, hosting esteemed legal minds from all sectors of the economy.

Get More Information
 
 

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.