We had a great conversation on the #VirtualLunch today, Friday, February 17, 2023, with #SpecialGuest Early Stephens, CEO at Actionstep, about its Midsize Law Firm Priorities Report – http://bit.ly/413Bi5s.
My key takeaways were:
1️⃣ Law firms are reengineering their workflows to drive efficiency.
2️⃣ As any business grows, the trajectory of that growth is uncertain.
3️⃣ Adaptability and scalability are critical for growing law practices.
4️⃣ Growing revenue is a common priority for law firms.
5️⃣ Recruiting and retaining talent remain critical challenges.
6️⃣ Law firm clients expect a higher level of service supported by technology.
7️⃣ Higher stress levels could be related to fewer remote work options.
8️⃣ AI continues to fuel transformation in legal.
9️⃣ Platformization is a key trend in legal services.
Thanks to Early, Kurt Anderson, and Erin Victor of Actionstep for participating and supporting our series on #LawFirmPrioritiesandTrends, and to attendees Jennifer Gillman, Nancy Myrland, Oz Benamram, Monica Sandler, Dan Ruderman, Kate Boyd, Bernadette Beekman, Donya Gordon, Robin Moselle, Valerie Pennacchio, Ann Gorr Joel Webber, Joseph Scott, Adam Pembrey, Bradley Wolf, Sherine Clarke, Paula Zirinsky, and Gail Ruopp.