The End Is Nigh—Or Is It? Experts Debate Law Firm Rate Hikes, AI's Impact and Adaptability
Law firm rates have been on the rise for years—and continue to climb. Yet rumblings indicate clients may have just about had enough. Is the era of continuously rising rates about to hit a snag? Or is it all smooth sailing?
September 20, 2024 at 10:20 AM
13 minute read
Law Firm ManagementSmart Strategy
Law firm rates have been on the rise for years—and continue to climb. Yet rumblings indicate clients may have just about had enough. Is the era of continuously rising rates about to hit a snag? Or is it all smooth sailing? Renowned pricing expert and former chief practice officer Toby Brown, founder of DV8 Strategies and Marcie Borgal Shunk, industry analyst and founder of The Tilt Institute share their (sometimes divergent) viewpoints on the future of rates, profitability and more.
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