FORUM: All About the Money
In recent years, the traditional pricing arrangement between a law firm and a client has been increasingly challenged by requests for alternative frameworks, while the turbulent economic environment has further squeezed budgets on legal spending. Law firms in Asia share what they have experienced with clients’ demands in fee arrangements and how they are navigating the new dynamics to achieve continued profitability.
Paying It Forward
Pro bono work sends a message about law firms’ values and priorities, while providing highly skilled lawyers with an avenue to support the causes they care most about. For many law firms, pro bono work also provides an opportunity to engage with their community positively and support those in need.