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Unlocking Profitability: Strategies for Increasing Law Firm Revenues and Margins
Unlocking Profitability: Strategies for Increasing Law Firm Revenues and Margins

BigHand’s 2024 Annual Law Firm Finance Report shows that law firms revenues exceeded expectations last year, however, profits are still down. This highlights the need for firms to really focus on the ideal metrics to look at when assessing profitability. Revenue can be an indicator, but if viewed in a vacuum, it can also be misleading.

So how do firms ensure a growth in revenue also turns into a growth in overall firm profitability?

Key learnings from BigHand's Annual Finance Report can help law firms get ahead of the curve and increase profitability. Read more...

How to identify trustworthy legal tech
How to identify trustworthy legal tech

New legal tech options promise a wide variety of benefits to firms and employees but can bring risks alongside those benefits. Follow our guide to ensure risk is mitigated and find software you can trust.

However, as much as legal tech is creating rapid change in the industry, it can also bring risk. Read more...