Legal Times looks into their crystal ball for 2006 to answer five question:
- Will Merger Mania continue? (Yes, and client service will drive it).
- Will compensation soar? (Yes, and the war for talent is to blame).
- Have billing rates topped out? (Probably, but there is a rise in alternative fee arrangements).
- Can costs be cut further? (Yes. Outsourcing, paring down practice areas).
- Are client relationships more critical than ever? (Yes. Duh.)
Read the article here.
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