Small businesses – the kind most likely to need outside legal counsel – are major economic growth engines and represent a real opportunity for smaller and solo legal firms. Companies hiring fewer than 500 employees today account for nearly all U.S.-based companies, according to the Small Business Administration. Such businesses, and even many midsized businesses, don’t have in-house legal staff, so outside counsel plays a critical role in their success.
How can you at once increase profits while serving your clients in the way that they most value?
Independent Thinking from Thomson Reuters offers innovative practice management and business development insights for small law firms.