Law firms face a growing number of challenges that require focus from firm leadership. Competitive pressures are increasing as the number of firms and licensed attorneys grows in every market. In addition, the expansion of corporate law groups internalizing legal projects and closely directing outsourced projects has had a profound effect on law firm profitability. Finally, resistance to traditional hourly billing rate increases, in combination with higher salary and benefit demands by quality graduates and potential team members, can work to negatively affect the fiscal and economic performance of even the best-managed law firms.

These issues law firms are facing require a new solution. While many of the nation’s brightest and best are active in the profession, far fewer are adequately-equipped by training and experience to effectively address the many challenges presented by fiscal and economic matters facing their practices. GYF can assist law firm leadership in any size firm, filling these gaps and thereby assisting firm leadership groups, to successfully navigate a path to the future.

Our primary objective is to maximizing the performance of the firm’s leadership team. Our professionals work with management to instill a level of fiscal and economic understanding within the firm. This knowledge will enable the partners and staff to embrace a culture of providing quality legal advice and services within an overriding sphere of focus on how that work contributes to the overall success of all stakeholders.

In addition to those general services we provide to Service Businesses, specific services that we can provide for law firms include: