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Generative AI: A New Tool for Legal Project Management | LawVision

The landscape of artificial intelligence has undergone major developments since the release of ChatGPT just over a year ago, with 2023 marking a turning point with increased adoption.

2024 Legal Industry Outlook: Strategic Transformations And Emerging Opportunities

Decoding the Link Between Law Firm Profitability and Attorney Compensation

This article explores the link between law firm profitability and attorney compensation. It explains how firms can strike a balance that promotes their financial health while providing competitive compensation to their attorneys. Learn about best practices such as strategic compensation modeling, leveraging technology, focusing on high-value work, offering performance-based bonuses, investing in training & development, promoting collaboration, and ensuring transparency. Get helpful insights on how to create a profitable yet competitive law firm.

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