Essential guidance for those seeking new means of maximizing their firm's profitability.
Peter Secor, director of strategic pricing and project management at Pepper Hamilton, authored a chapter in the Ark Group publication Emerging Approaches to Law Firm Profitability, titled "Fully Loaded or Not?"
When it comes to optimizing profitability, the model used to measure it matters. Mr. Secor undertakes a review of both fully loaded and cost-only methodologies, examining their pros and cons and delving into their relationship with partnership acceptance and its impact. This comprehensive analysis is designed to assist with a decision as to which method is best suited for a firm's culture.
For more information and to purchase the publication, visit https://www.ark-group.com/product/emerging-approaches-law-firm-profitability-0#.Ww_1O-4vxhE.
The material in this publication was created as of the date set forth above and is based on laws, court decisions, administrative rulings and congressional materials that existed at that time, and should not be construed as legal advice or legal opinions on specific facts. The information in this publication is not intended to create, and the transmission and receipt of it does not constitute, a lawyer-client relationship.