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Inhoud geleverd door Thomson Reuters Institute and Thomson Reuters Institute Insights podcast. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door Thomson Reuters Institute and Thomson Reuters Institute Insights podcast of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.
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How law firms can protect their revenue in 2023

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Manage episode 365360106 series 2406437
Inhoud geleverd door Thomson Reuters Institute and Thomson Reuters Institute Insights podcast. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door Thomson Reuters Institute and Thomson Reuters Institute Insights podcast of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.

After several banner years, many law firms find themselves in a different position in 2023. While billing rates set new record marks, law firm profitability continues to slip, driven down by a continued rise in overhead expenses and a slowing of how effectively law firms collect the cash that is owed to them.

In the latest Thomson Reuters Institute Insights Podcast, host Bill Josten is joined by Brent Turner from Thomson Reuters Institute Advisory Services to discuss the realities of today’s legal marketplace and what law firms can do to protect their profitability this year and beyond.

As the podcast explains, the solution doesn’t necessarily lie in ever-increasing rates or in pushing clients to take smaller discounts. Instead, the answer most likely comes from ensuring the firm’s partners are following best practices for how they handle their bills.

  continue reading

171 afleveringen

Artwork
iconDelen
 
Manage episode 365360106 series 2406437
Inhoud geleverd door Thomson Reuters Institute and Thomson Reuters Institute Insights podcast. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door Thomson Reuters Institute and Thomson Reuters Institute Insights podcast of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.

After several banner years, many law firms find themselves in a different position in 2023. While billing rates set new record marks, law firm profitability continues to slip, driven down by a continued rise in overhead expenses and a slowing of how effectively law firms collect the cash that is owed to them.

In the latest Thomson Reuters Institute Insights Podcast, host Bill Josten is joined by Brent Turner from Thomson Reuters Institute Advisory Services to discuss the realities of today’s legal marketplace and what law firms can do to protect their profitability this year and beyond.

As the podcast explains, the solution doesn’t necessarily lie in ever-increasing rates or in pushing clients to take smaller discounts. Instead, the answer most likely comes from ensuring the firm’s partners are following best practices for how they handle their bills.

  continue reading

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