Recent research by Burford reveals 97% of all lawyers cite the economic downturn and impacts from Covid-19 as the top challenges facing their businesses. These challenges will create a more competitive environment for law firms as shrinking client budgets will change the way they purchase legal services.
How can law firms meet the evolving needs of clients?
Burford's Christine Azar, Director with responsibility for building the business with US-based law firms and companies, has been recognized as a leading litigator by numerous organizations. In this video, she explains how law firms can meet the evolving needs of their clients:
- How law firms can set themselves apart from traditional and emerging competitors
- Advice for law firms looking to implement or augment a risk-based practice
- The role law firms should play in educating their clients about various financing options, including legal finance