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Did you know that 74% of professionals in the legal pricing function believe that law firms will be using GenAI substantially in the next three years*? As generative AI gains traction, along with changing rate structures and developing reporting metrics, the landscape of law firm budget management and client relations is undergoing a transformation. To effectively navigate this shift, Pricing and LPM professionals need to adopt innovative tools and strategies that boost decision-making and operational efficiency.
Takeaways from this webinar include:
- Discussion of the ongoing transformation of the pricing function
- The impact of metrics and data on performance
- The balance between the art and science in legal pricing
- How firms are adjusting their rate structures and harnessing generative AI to enhance profitability and deliver better client outcomes.