How can firms achieve commercial success in the post-pandemic world?

How can firms achieve commercial success in the post-pandemic world?

Commercial success is the driving force for ambitious law firms and, speaking to our clients, it’s no surprise many have a renewed determination to re-evaluate current business practices and strategies in the wake of Covid-19.

There has never been a better time to build on lessons of the past year, using technology to support agile and flexible working patterns, embrace the growing digital economy, control costs and increase profitability.

Virtual meetings, reduced printing, digitised services and down-sizing your office are obvious ways to cut costs but will they allow you to meet your clients’ needs? Then there are the hidden costs. How do you know whether your top fee earners are spending too long on routine work, or quietly putting in excessive hours because they haven’t had adequate training?

As well as improving efficiency for the long-term, firms will naturally be looking to bolster their revenue and profits. While commercial and corporate services were hit hard by the pandemic, demand for conveyancing, employment law and private client services provided a much-needed boost. Many are now looking to build on these successes, expanding and diversifying their offer and growing their market share.

Whether your goal is growth through M&A, consolidating your market position or moving into under-served markets, commercial success depends on having the right strategy in place, powered by business information and supported by good operational processes. This insights paper contains interviews with legal professionals, consultants and influencers and looks at how firms can unlock the value of their data to drive efficiencies and ultimately increase profitability.

Topics included:

  • Industry insights: What’s on the horizon
  • Sustainable cost saving
  • The opportunities for growth and revenue generation
  • Training as a path to growth
  • Law firm marketing top tips
  • Unlocking the value of your data

Download your free copy of the insights paper – How can firms achieve commercial success in the post-pandemic world?

 

This article was submitted to be published by Access Legal as part of their advertising agreement with Today’s Conveyancer. The views expressed in this article are those of the submitter and not those of Today’s Conveyancer.

Access Legal

https://www.theaccessgroup.com/en-gb/legal/

  Working in partnership with more than 3,500 UK law firms and underpinned by over 30 years of sector experience, Access Legal provides an unrivalled suite of complete software solutions. From case and practice management, finance, accounting and business intelligence to learning, compliance and HR – Access Legal helps firms take control of their time, improve efficiency and productivity. By providing software to manage every aspect of a firm’s operations, Access Legal enables ambitious firms to reach unlimited potential and have the freedom to focus on clients and people to drive profitability and growth. Access Legal is part of The Access Group, a leading provider of business management software to mid-sized organisations. It helps more than 35,000 customers across commercial and not-for-profit sectors become more productive and efficient. Its innovative Access Workspace cloud solution transforms the way business software is used, giving every employee the freedom to do more. Founded in 1991, The Access Group employs more than 3000 staff. Key Services

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