Law firms are facing challenges and should take a hard look at how costs, business processes, and technological infrastructure intersect as they search for new efficiencies and smarter workflows. Casepoint’s David Carns says doing so will allow them to protect profit margins in the short term and scale much more quickly when the economy improves.

Already under tremendous pressure from clients to cut costs, provide more value, and increase accountability, law firms face new challenges unleashed by Covid-19.

At many firms, staff have been furloughed or laid off, and yet the volume of litigation is likely to rise in the months to come. How can firms maintain or increase profitability with the technology and staff that they already have?

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Bloomberg Law
 

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