MPF WHITE PAPER - AW 2014 Law Firms in Transition - 10-21-14
MPF WHITE PAPER - AW 2014 Law Firms in Transition - 10-21-14
MPF WHITE PAPER - AW 2014 Law Firms in Transition - 10-21-14
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<strong>20<strong>14</strong></strong> L<strong>AW</strong> FIRMS IN TRANSITION<strong>Law</strong> <strong>Firms</strong> <strong>in</strong> <strong>Transition</strong>: Client PressureQ:In your op<strong>in</strong>ion, <strong>in</strong> <strong>20<strong>14</strong></strong> how much pressure are corporations really putt<strong>in</strong>g on lawfirms to change the value proposition <strong>in</strong> legal service delivery (as opposed tosimply cutt<strong>in</strong>g costs)?0 - No pressure Intense pressure - <strong>10</strong>30%% Response20%<strong>10</strong>%1.7% 1.0%8.2%11.3%6.9%17.5%15.4%19.2%13.7%3.1% 2.1%0%0 1 2 3 4 5 6 7 8 9 <strong>10</strong>Pressure from clientsPRESSURE LOW MODERATE HIGHRATING 0 1 2 3 4 5 6 7 8 9 <strong>10</strong>RESPONSE 46.6% 48.3% 5.2%MedianAverage6 5.5An Altman Weil Flash Survey 9
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