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Nearly one-third of senior law department leaders expect their annual operating budget to increase in 2017. That’s according to recently released data in ALM Intelligence’s Corporate Counsel Agenda, an annual survey of corporate counsel at large U.S. corporations. With almost half of respondents saying they expect no increase in 2017, that means three-quarters of law departments expect their budgets to either remain flat or increase — down from last year’s 84%.
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By Catherine Alman MacDonagh and Frederick J. Esposito Jr.
Law firms must continuously review business and legal processes to operate and interact with less waste and costs and develop pricing models that address client needs while generating profits for the law firm. This is actually simple, but not easy to do.
By J. Mark Santiago
Planning for the downturn in a clear, methodical way by investing the existing good fortune that most firms enjoy into strengthening your technical infrastructure, trimming expenses, and rethinking how administrative services are delivered to the attorneys.
By Dean Whalen
In the court reporting market, technology has matured to match or exceed stenography’s stronghold on speed and accuracy and, as such, is poised to disrupt the market.
By Kristen Dallman
In this marketplace, one thing is abundantly clear: To remain competitive, you must adapt. So how can you adapt in a way that meets the increased expectations of today’s client? Focus on client experience.