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 TRANSITIONPric<strong>in</strong>g DriversQ:Are your efforts to change pric<strong>in</strong>g strategy driven primarily by:- Internal factors (e.g., improved profitability)- External factors (e.g., client or market pressure)28.8% 71.2%0% 20% 40% 60% 80% <strong>10</strong>0%Driven by <strong>in</strong>ternal factorsDriven by external factorsComparison by firm size:InternalExternalUnder 250lawyers250 lawyersor more31.8% 68.2%<strong>21</strong>.9% 78.1%An Altman Weil Flash Survey 24
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