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How Productizing Legal Services Can Help Firm Profitability
As regulations change, the legal services industry is becoming a buyer's market, requiring law firms to adapt their business models. However, adopting an entrepreneurial mindset doesn't necessarily come naturally.
Tip #1: Embrace technology.
Effectively leveraging the latest software can fundamentally change how your firm handles common lower-value services.
Free, is a word that lawyers tend to find foreign. However, giving away previously charged services can lead to massive customer acquisition benefits.
Firms who don’t adapt to the changes coming to the legal industry will see customer…
The skinny
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