'More Heads Chasing Less Work': What Will Happen When Law Firm Demand Dips?
This week's episode looks at how firms should be preparing now for shifting market factors in the coming year or two—including the prospects of red hot demand cooling down and rate growth slowing, while talent retention continues to be a challenge.
November 19, 2021 at 04:49 PM
1 minute read
Law Firm Profitability
The original version of this story was published on Law.com
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In this week's episode, Law.com business of law reporter Andrew Maloney speaks with Bill Josten, manager of enterprise content for Thomson Reuters, which earlier this week released its "2021 Law Firm Business Leaders Report."
The survey, done in conjunction with the Georgetown Law Center on Ethics and the Legal Profession, asked business-minded firm leaders about what they view as high-risk factors to firm profitability, which is, in many cases, booming right now.
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