Building Stronger for the Future Through This Time of Economic Uncertainty Webinar
HBR Consulting hosted a webinar outlining actions that law firms can take to significantly improve margin in 2023 and position themselves for future success. Following are the key action areas covered during the webinar:
- Practice profitability (9:54)
- Revenue cycle management (16:25)
- Alternative service delivery (25:15)
- Legal administrative assistant models (28:33)
- Real estate optimization (34:35)
- Sourcing and procurement (38:34)
Combined, the actions have the potential to improve the quality and capture of revenues and sustainably reduce overall firm costs by upwards of 15-20%.