Global Practice Review: The 21st century strategic challenge
Alan Hodgart says that to be successful in the long term, law firms must build a strong client/practice area focus. Or they will be left behind in the market share race
The global market for legal services has become, in a comparatively very short time, one of the most competitive in the professional services industry. In country after country, the classic indicators of a highly competitive market are evident: segmentation, consolidation and concentration.
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