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Two 2023 financial benchmarks for law firms: The Law Society/Hazelwoods and the Institute of Legal Finance & Management (ILFM)/Crowe

Red Star Kim

So here are two 2023 benchmarks for law firms: The Law Society/Hazelwoods and the Institute of Legal Finance & Management (ILFM)/Crowe. from £891,693 in 2021 to £939,525 in 2022 Median net profits per equity partner increased by 39%, from £146,417 in 2020 to £203,199 in 2021. Median fee income per equity partner increased by 5.4%

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Top 2023 SMB technology predictions that business owners want to know

ACT

It’s probably no surprise that this last year came and went in a blur, and now we’re talking about the smart strategies we want to implement in 2023 to be more efficient and productive than ever before. What new SMB trends will be popular in 2023? Artificial Intelligence (AI) will continue to be popular in 2023. Automation.

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Key Account Management (KAM) – Research companies, use KAM technology and maintain momentum

Red Star Kim

or profits greater than £150000), active and inactive companies with up to 10 years’ of financial data. This article from January 2023 Strategic Account Management for Law Firms in the Age of Remote Working – Nexl answers the questions: What is strategic account management (SAM)? Why do law firms needs SAM?

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Best Time Tracking Software in 2023

Agile CRM

This information can then be used to determine which tasks are most profitable and which need to be improved upon. The global market for time-tracking software is estimated to be worth over $2 billion by 2023. The post Best Time Tracking Software in 2023 appeared first on Agile CRM Blog.

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Under pressure – do you have time for your teams?

Mercuri International

In our series of three short blog posts, we’ll be taking a look at some of the key issues facing HR as they navigate the increasingly complex landscape of 2023. In our second, we take a look at the pressures facing HR – and how fresh thinking about the way we train may be part of the solution. HR’s role is complex.

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How 700 Sales Organizations Are Fighting the War for Talent

SalesGlobe

We’re entering 2023, and organizations are navigating the post-Covid effects on sales, supply chain, and how we work. How will you offset your increased costs to maintain or improve your profitability? Without taking one of these three actions, your tactic of higher base pay will quickly erode your profits.

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Trust

Mercuri International

In our series of three short blog posts, we’ll be taking a look at some of the key issues facing HR as they navigate the increasingly complex landscape of 2023. In our first, we take a look at the concept of ‘trust’ – and what it really means for team building and effective sales.