Law firms struggle to retain and utilize lawyers effectively due to a lack of visibility into team skills, experience, interests, and development areas. Increased lateral hiring has highlighted the need for better talent management, as associate attrition significantly impacts profit, along with billing write-offs from inefficient resourcing.
Clients have become more business-savvy in acquiring legal services, making efficient work allocation crucial. Improved resource management processes can drive internal efficiency and provide clients with insights for more profitable, long-term engagements. With varying demand across practice areas, firms need to intelligently reallocate skills and experience.
Watch this webinar to learn how to address these challenges and enhance your firm’s operations and profitability through efficiency and better utilization of talent. Key topics addressed will include: