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?
Shoosmiths and Avail: from manual review to 83,000 AI-analysed title registers
Early recognition of emerging technology can create lasting advantage, but the lessons don’t only apply to the largest law firms. Shoosmiths identified the potential of AI-driven title analysis early and embedded it across its real estate workflows. While Shoosmiths operates at scale, the challenges explored in this case study will feel familiar to many real […]
The power of data for law firms
The legal sector is undergoing rapid change. From technological disruption and rising client expectations to fierce market competition, law firms face pressures unlike ever before. Amid this transformation, data has become one of the most valuable assets a firm can possess as a critical driver of insight, efficiency and competitive advantage. Being ‘data-driven’ is no […]