Is inefficiency hurting your firm's profits?
Inefficiency costs law firms more than just time. The time lost to non-billable tasks hurts profits. The time lost to practicing law hurts the quality of the work product provided to clients. And, the resulting lack of satisfaction results in harm to your reputation and the likelihood of referrals. And, that’s just the beginning of the harm that inefficiency can bring to a firm.
Across the legal industry, firms continue to ignore the need for efficiency and the consequences that come with it. Firms that commit themselves to working efficiently give themselves an instantaneous edge over firms that remain content with the status quo. This white paper looks at the risks associated with inefficiency, the impacts of working efficiently and some actionable recommendations.
What you’ll take away:
- How inefficiency is hurting your firm right now
- The opportunities that exist for firms that embrace efficiency
- A framework for becoming more efficient