The laws of organic growth
This LexisNexis report explores the advantages and disadvantages of organic growth strategies used by the UK’s top law firms.
LexisNexis spoke with 20 of the fastest growing law firms – from top 100 law firms, to leading litigators and boutique practices – to explore the strategies that work, and those that don’t.
The responses were plentiful; the most popular being through enhanced client relationships, lateral hiring and talent attraction/retention, business development strategies as well as offering technology-as-a-service.
All law firms want growth. Big or small – firms are chasing more work, more profit and more clients. The traditional solution is to merge or acquire another firm. But – might there be other ways to growth?
