Saturday, December 28, 2013

LawBiz® Legal Pad: The Times, They Are a Changin', Part 2

Ed Poll discusses the effect that the new reality or the consumer market and the corporate market have on the legal profession.

Consumer Market

~The consumer market includes divorce law, personal injury law and debt collection.
~The consumer market is more commodity based; more standardized; therefore more cost sensitive than other practice areas.

Corporate Market

General Council have become more sensitive to total legal costs due to pressure from CFOs and CEOs.
~Corporations are cutting back on the number of firms handling their business in an effort to control costs.
~The conversions factor is pressuring outside firms to become more efficient

More about Ed Poll and LawBiz Management:
{310) 827-5415 Phone

LawBiz Management
http://www.lawbiz.com/


LawBiz Bog
http://www.lawbizblog.com/


Follow Ed on Twitter
http://twitter.com/lawbiz/

Source: http://feeds.lexblog.com/~r/LawBizBlog/~3/vweZLBFvfEo/

immigration law immigration lawyer immigration lawyers injury attorney injury attorneys

No comments:

Post a Comment