Aon | Professional Services
Law Firm Management Advisory
Key Insights - Q4 2020
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For decades, law firms have focused their management attention on billable hours, billing rates, realization and cash collections.
As COVID-19 continues to cause widespread disruption to businesses in all industries, the pandemic may highlight one area of
mismanagement...
For law firms, alignment of compensation is critical to both cultural engagement in, and accountability for, competitive strategy,
especially given the "loose confederation" culture trait. Each member and employee of a firm or practice group must understand the
firm’s vision and...
While much has been reported on the financial challenges affecting the legal industry since the outbreak of COVID-19,
opportunities for growth and development in a post-pandemic world are emerging for law firms globally.
Unless clients were making specific demands, many law firms...
The phenomenal rise of the global law firm has transformed international legal practice. Aided by rapid technological
development, goods, capital and personnel entered 2020 with unprecedented levels of mobility. After the initial
response to COVID-19, during which many law firms focused...