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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, 𝐏𝐨𝐫𝐭𝐞𝐫’𝐬 π…π’π―πž π…π¨π«πœπžπ¬ π…π«πšπ¦πžπ°π¨π«π€ is appreciated. The question arises: what are Porter’s 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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