Growth Strategies for the Modern Law Firm

Ian Turvill, Soo Darcy, Angela Hickey, John Cahill, Jill Weber, Deepa Tharmaraj, Susan Pettit, David H Freeman, Robert Pay, Andrew Hedley

• Editorial: Globe Law and Business
• Año: 2016
• ISBN:
  9781787427778
• Edición: 1
• Categoría: Law
• Categoría: Legal Profession

Since the economic downturn law firms that once saw growth as easy and inevitable are finding that the only way to achieve this is now to wrest market share from the competition. There is no one "right" way to do this; some firms have opted for a determined policy of buying market share and recruiting lateral talent, while others rely on more organic growth.With contributions from a wide range of thought leaders and industry experts, Growth Strategies for the Modern Law Firm provides advice on a number growth options available, and shares practical guidance designed to help firm leaders to formulate and implement a profitable, sustainable growth strategy.Topics covered include: Aligning strategy, culture, and performance management with a growth agendaUtilizing a key relationship management program to retain and grow clients and referral sourcesImplementing listening programs to better serve clients, and create a platform for differentiation and growthMaking cross-selling a cornerstone of growth strategies and firm cultureCritical success factors that enable lateral hiring to be a key to client growthCreativity and innovations impact on growth strategies for legal departmentsSystematic programs for lawyer business developmentOrganic growth strategies through focusing practice specialtiesHolistic approaches to improving client experience that drives client growthand much more...