The legal profession has undergone significant changes in recent years, with increased competition, technological advancements, and changing client expectations. To develop a competitive edge and maximise your law firm’s profitability, ππ¨π«πππ«’π¬ π π’π―π π π¨π«πππ¬ π π«ππ¦ππ°π¨π«π€ is appreciated. The question arises: what are Porterβs Five Forces, to add its framework, and how is it useful for law firms? Law firms can apply Porter’s Five Forces Model to analyse their market space …
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