Top challenges for 2023

Advanced’s understanding of how technology can effectively tackle issues surrounding profitability, talent retention and acquisition, as well as hybrid working and ever-changing client needs.

Advanced||

Despite the pressures of recovering from the pandemic, demand of global law firm services increased in 2022. But with economic challenges on the horizon likely to affect consumer confidence, there is the possibility that demand has peaked.

If you include rising costs of talent acquisition, and a changing office environment towards hybrid working patterns in teams and across firms, there are several major challenges that law firms must address – not least ensuring that you are able to do more with less.

In this whitepaper, we provide insights on the biggest challenges that law firms face in 2023, and how you can leverage technology as a strategic tool to manage your firm through those challenges throughout the year.

Firm saves 500 hours a year with digital contract packs

Thomas Flavell & Sons | InfoTrack |
Time savings the firm gains through improved productivity is invested in more complex legal work and superior client service

Inaugural Actionstep UK midsize law firm priorities report

Oliver Tromp | Regional vice president, Actionstep |
Client satisfaction cited by just a third of survey respondents as a key aspect of business growth strategy, with the challenge of talent retention also outweighing concern about client experience