Using Process Improvement and LPM for Competitive Advantages in Pricing and Fee Arrangements

This article explores the connection between process improvement, project management, and pricing. Clients want budget predictability, options in fee arrangements, and value. The firms that do this well, regardless of their size or location, will have the competitive advantage.

10 minute read May 01, 2022 at 12:09 AM
By
Catherine Alman MacDonagh and Frederick J. Esposito Jr.
Using Process Improvement and LPM for Competitive Advantages in Pricing and Fee Arrangements

The legal profession has experienced significant paradigm shifts in how it operates and practices. Law firms and legal departments are reshaping business models and reviewing workflows for more streamlined and cost-effective approaches for both legal and business processes.

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