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The legal profession has been through a dramatic and unprecedented period of change. The impact of the recession has been felt by firms of all sizes and practice areas, has forced law firms to take a long hard look at the way they do business from top to bottom. Those firms that did not adapt to changing market conditions are either no longer in business or have merged with their former competitors.
The firms that recognized and embraced these changes are thriving in what is now the new modern legal profession.
The Lawyer’s Guide to Strategic Practice Management looks into seven crucial key areas of management for law firms – information, process, strategy, market, people, finance, and technology – and discusses why law firms need to have clear and coherent strategies in place in order to continue to prosper.