Difference Maker: Utilization Rate Separates Growing Law Firms from Shrinking Ones
NCBA Law Practice Management Blog
DECEMBER 16, 2019
The 2019 Clio Legal Trends Report (download link here ) , which is a longitudinal study of law firm data across a variety of categories, including internal efficiencies and external relationships with clients. It’s a fascinating read every year; and, that includes 2019. The 2019 study focused on what the functional difference between growing firms (law firms that grew revenue by over 100% across a 5-year period) and shrinking firms (law firms that lost over 50% of their revenue over a 5-year per
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