Top 3 Opportunities/Challenges Ahead for Attorneys

Ad-ology Research recently updated their Industry Marketing Insights report for Attorneys. The following are the predicted Top 3 Opportunities/Challenges from the report for this industry for the upcoming 12 months:

  • In 2009, overhead expenses dropped 1.8% from 2008 to $167,256 per lawyer.
  • To combat effects of the recession, attorneys are turning to alternative billing. Last year, 88% of attorneys report offering alternatives to the traditional billable hour.
  • Professionals in the industry believe that 2010 will be the most active period of lateral movement in the recent past.

The Industry Marketing Insights report for Attorneys is available on Ad-ology.com (Research Store) for $195 USD with local market data for any U.S. market.

[Source: Ad-ology Research. April 29, 2010]

 

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