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Bloomsburry Family law

Practice management

The future of law firm profitability

In ten years time, law firms will function in a very different manner from the way they do today. In particular, profitability will be affected by the fact that some practice areas will become more price-sensitive and clients will be more demanding. Norman K. Clark of Altman Weil Inc explores how firms will be able to counter these trends by making the most of new technologies to boost profit levels.