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Attitudes to anticipate your law firm's future

By Andrew Hedley, Director, Hedley Consulting

24 July 2014

From next month, I will be writing a monthly column here in which I shall examine the how law firms can position themselves to create a future that is both profitable and sustainable - the concept of 'future-proofing'. To achieve this will mean being prepared to take decisive actions today (which some may regard as being unnecessary or overkill) to ensure that firms are able to cope with that which is appearing on the distant horizon, as well as whatever is just around the corner.

This will almost certainly mean finding ways to evoke a change in culture and attitudes. The objective must be to develop a collective mindset that both recognises and values the need for a business model that is flexible, adaptive and dynamic.

This is because, in addition to running the business today, there must be a focus on addressing competitive factors which are not yet apparent. This is in order to shape a scenario-based action plan to minimise any threats and maxi...

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