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External pressures displace talent concerns as biggest threats to law firm profitability
MINNEAPOLIS-ST. PAUL, November 17, 2022 – Security concerns and economic pressures have displaced competitors for talent as the major threats to regulation agency profitability, according to the 2022 Law Company Small business Leaders Report from Thomson Reuters, the Georgetown Legislation Heart on Ethics and the Authorized Profession, and Correct Value Partnering Institute. The report surveyed small business leaders at U.S. regulation firms, such as main running officers, main financial officers, handling partners, and other leaders. Pitfalls to Profitability Stability breaches, info reduction, hacking, and ransomware were being rated as large hazards by 42{c024931d10daf6b71b41321fa9ba9cd89123fb34a4039ac9f079a256e3c1e6e8} of legislation organization company leaders. Standard economic pressures were being cited by 32{c024931d10daf6b71b41321fa9ba9cd89123fb34a4039ac9f079a256e3c1e6e8}, tied for the second-maximum…
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