Thomas Clay, principal at Altman Weil Inc., discusses the issue of value, and how law firms can bring that message to their clients. Clay's comments came during the annual Managing Partners Breakfast hosted by The Legal Intelligencer, attended by leaders of Pennsylvania's largest law firms.
Other episodes in this series include:
- Advice for Managing Partners.
- Staffing, Hiring Outlook for 2011.
- Profitability Metrics for Law Firms.
Clay analyzes surveys conducted by both the Legal and Altman Weil, and says there will not be "a return to normal," or pre-recession practices, but an acceleration of processes already underway. View
Clay takes a look at the staffing and hiring outlook for 2011 and subsequent years, and makes a dramatic prediction on support staff levels. View
Clay discusses the changing face of profitability metrics. View