n Without Prejudice - Navigating stormy 2008 : management
|Article Title||Navigating stormy 2008 : management|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Publication Date||Mar 2008|
|Pages||49 - 51|
2008 will be a challenging year for many law firms in the western world. Unlike 2001, where a short economic downturn was quickly followed by a return to "business as usual," the current pressures are accompanied by radical changes in legal services delivery. These together will precipitate major changes in the business models of the most successful law firms. Firms need to rethink their approach to strategy, to compete effectively in the new order that will emerge.
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