X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

During the past few years, the global market slowdown has resulted in reduced fee growth and profitability. Under adverse market conditions the primary focus of management has quite properly been on short-term actions to protect profits, by appropriate reshaping of resource capacity, streamlining the organisation to enhance value and cut waste and delaying investments in all but the most critical areas. Too often, however, they are one-off initiatives, necessary moves but with limited impact on boosting firm position and performance over the longer term.

This premium content is reserved for
Law.com International Subscribers.

BENEFITS OF A SUBSCRIPTION INCLUDE:

  • Customized news by region including UK, Asia, Europe, Latin America, Middle East, Africa, and North America
  • Cutting-edge research such as UK Top 100, China 45, and Asia 50
  • Get the inside track on the biggest breaking stories that delve deep into the issues behind the headlines
  • Comprehensive coverage of the dynamic legal market from people moves to the major international jurisdictions
  • Global view into how legal tech, business of law, in-house and regulatory environments are intersecting worldwide

Already a subscriber?

 

Law.com International Newsletters & Briefings

Sign Up Today and Never Miss Another Story.

Sign up for an unlimited number of complementary newsletters, alerts, and International Briefings. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2020 American Lawyer Media International, LLC. All Rights Reserved.