Legal Industry Pressures & Pricing Strategies
The legal industry is facing pressure like never before. Demand for legal services and realization rates still have not recovered to the levels seen in 2007. For our 7th Nimble Forum, we brought together an impressive group of experts who shared their perspectives on what their law firms and law departments are doing to respond.
Our law firm and law department experts shared their personal perspective on how expectations of the legal profession and legal service delivery are changing as well as their thoughts on how to adapt.
Hilary Rule, Counsel - Aerospace, Eaton
Teresan Gilbert, Chief IP Counsel, Lubrizol
David Cupar, Member, McDonald Hopkins
Doug Miller, Chief Financial Officer, Sutter O'Connell
Alternative Pricing Strategies
In this buyer's market, purchasers of legal services continue to demand cost certainty while seller's are focus on keeping work profitable but also growing revenues. Our experts explored some of the key considerations for pricing strategies that work for both buyers and sellers.
David Herrington, Partner, Plante Moran
Phil Carino, General Counsel, Swagelok
Charlie Price, Counsel - Litigation, Eaton
Lewis Dolezal, Manager - Legal (Business and Transactions), Scotts Miracle-Gro
Mike Goldberg, Chief Financial Officer, Thompson Hine
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