State of the Legal Market 2023
Clarity
00:00
The Reintroduction of Price Demand Elasticity in the Legal Market
The most expensive law firms with the highest rate increases finish the year with the lowest demand. The traditional notion of brand value have shifted because clients are getting more sophisticated, says Jim Boulden. It's a flight to firms that clients know can deliver quality services in a more cost-effective way and not always the firm with the biggest brand name he adds.
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