Global legal budgets - variability is the law
07.05.2012
Total global legal budgets may remain largely static, but a closer look reveals immense variations between them.
Clients in our Sharplegal* 2011 survey reported a median average total legal budget of US$5m. However, some quite staggering differences exist in budget levels across industries. Banking budgets for example, top the scale with an...
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Shared Differences – Understanding Global Law Firm Rates
11.04.2012
It will come as no surprise to anyone buying services from law firms across the world, that partner and associate hourly rates vary greatly between firms and countries.
Hourly rates for partners
In terms of average hourly rates paid for partners, the global average in 2011 was US$635* (on a base of 909).
UK clients pay the highest rates on average...
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Lisa's Thought for the Day
21.03.2012
The importance of brand may only just be dawning on some law firms but for the largest firms operating on a global scale, brand strength is already central to their success.
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Changes to the legal market
07.03.2012
Constant change is here to stay - as the saying goes - and never more so than in today's legal market.
However, the question is whether you are merely observing the change or rather grabbing the opportunities it presents and actively participating in it? Your attitude could hold the key to the shape of future legal service delivery.
But before...
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If you are facing an ever-increasing range of barriers to your organisation achieving its goals, you are by no means alone
08.02.2012
Acritas' Sharplegal 2011 survey reveals that the uncertain economic climate has created a number of dominant new business challenges that practically all global businesses, in every sector, are having to tackle.
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