Aon | Professional Services
Key Insights - Q1 2023
Welcome to the Professional Service Practice's Q1 2023 Law Firm Management Advisory. As a member of your firm’s leadership, the topics addressed in this addition will offer insights and valuable content for you to share with your colleagues. Whether it be the cost of benefits, managing vendors at the highest levels, or understanding the ever-evolving risks involved in kidnap and ransom payments, one must always remain informed and current. And as a Managing Partner, even more so. Yes, we touch on that as well.
Enjoy the read and please reach out to Aon whenever the need arises. Also consider visiting Aon North America Insights, where our
cyber leader, Tom Ricketts, reviews the Top Cyber Challenges for Professional Service Firms in 2023.
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To discuss the specific topics raised in the Law Firm Management Advisory, please contact the authors through links at the end of each article.
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March 2023 - There’s a knock on your door, it’s “The Firm”. You are under consideration for the position of Managing Partner (and you may have floated the idea). You are honored, humbled and excited.
February 2023 - Matt Boynton, Edward Johnson and Nicola Willison from the Kidnap, Extortion and Threat Response Team for Control Risks discuss the evolving nature of kidnap and ransom risk and provide useful tips for loss prevention with Cara LaTorre from the Financial Services Group at Aon.
January 2023 - After two years of significant revenue growth, many law firms are evaluating strategies to balance an economic slowdown with an increase in compensation and other expenses.
January 2023 - Law firms engage a variety of vendors and third parties in their practices, including document review services, e-discovery providers, temporary staff and lawyer services, cloud storage providers, recruiters and placement services, and more.
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