6 Steps to Selecting the Right Practice Management System
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Positioning your firm for growth. Practice Management comes of age.
The Legal Profession is under pressure to change and selecting the right Practice Management System is essential to the long-term success of a practice.
Clients are becoming ever more sophisticated in their engagement of professional advisers and ever less satisfied with the traditional hourly-rate billing approach General Counsel are finding new and creative ways to manage risk in their business and demanding more from their External Counsel.
Changing social, political and environmental fortunes create new opportunities for firms with the vision and agility to seize them.
…and while the region's overall economic outlook seems healthy, firms across the Pacific are tightening their belts and looking for new ways to become more efficient, more profitable and win more business.
Practice management is not a new concept. In fact, this information sharing software has been around for over 20 years and good information is key to running a profitable business. The major upheavals and technological breakthroughs that have transformed the commercial world over the past 20 years are also driving substantive change in the Legal Profession. A recent ALPMA/LexisNexis study revealed that 84% of the firms surveyed across Australia and New Zealand have invested in growth and technology over the past 12 months to respond to change.
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