#futureoflawthought

[randombusinessoflawthoughts]

Future Of Law Thought - 16.08.22

Future Of Law Thought – 16.08.22

Profit flows from customer insight, not market share. 

View On WordPress

[randombusinessoflawthoughts]

#FutureOfLawThought - 01.09.2023

"Reward based on measured performance tends to promote not cooperation but competition."

[randombusinessoflawthoughts]

"The goal might not be to be the biggest. The goal might be to achieve your goals."

My Big Fat Greek Wedding

Among the top 500 grossing Hollywood movies of all time, this movie is the most profitable in return on investment. And among all Hollywood

[randombusinessoflawthoughts]

"Nearly half of the UK’s largest law firms are US-headquartered"

Interesting observation https://www.law.com/americanlawyer/2023/07/17/us-firm-strength-showcased-in-inaugural-uk-revenue-rankings-405-125562/

[randombusinessoflawthoughts]

More law firm mergers on the way?

As we approach the end of financial year here in Australia: Are we likely to see a similar trend here? 

Mergers announced across country as market consolidates

Spate of announcements includes acquisition of established PI practice.

[randombusinessoflawthoughts]

Better client service?

 'If your client service is more beneficial and effective then your competitors, why do you care who your competitors are?'

 #FutureOfLawThought #pricing #CIA #Competitors #Competitor 

[randombusinessoflawthoughts]

Quality

'Most law firm clients cannot objectively assess the quality of the work they receive'

[randombusinessoflawthoughts]

Trust

'Trust is earned in drips and lost in buckets' - Jae Um