LJN - Accounting and Financial Planning for Law Firms

Accounting and Financial Planning for Law Firms

 

Firm Leaders: You Are the Sum of Your Parts
2025-08-31 23:03 UTC by Law Journal NewslettersMike Mellorhttps://feeds.feedblitz.com/-/924146975/0/ljn/accounting-and-financial-planning-for-law-firms.jpgLeadership/Law Firm Management

Large law firms rode a strong 2024 on the back of broad demand and aggressive rate growth — but the model is wobbling. Expense pressure is up, realization risk is real, and AI is reshaping how clients assess value. Firms that treat their legal and client experience as structured data (and not as anecdotal story sharing at meetings) will plan faster, pitch smarter, cross-sell wider, bill more, and protect margins when market tailwinds fade.

      

 

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