What Successful Hybrid Firms Are Doing

What Successful Hybrid Firms Are Doing | Law.com

https://www.law.com/2023/02/09/what-successful-hybrid-firms-are-doing/

Hybrid work place Credit: aleutie/Adobe Stock

BEST PRACTICES

We are seeing a variety of successful measures that are designed to help attorneys get what they want: a best-of-both worlds scenario where they keep some work-from-home and fold-in an opportunity to intentionally connect and collaborate with colleagues in the office.

February 09, 2023 at 10:44 AM

7 minute read

By Anthony Davies | February 09, 2023 at 10:44 AM

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What You Need to Know

  • During the span of work-from-home that ensued after COVID hit, law firms — for the most part — performed well financially
  • But starting in late 2021, the drumbeat of ‘return-to-the-office’ began.
  • How are law firms doing? What “return-to-office” programs — if any — have been successful?

This article appeared in Accounting and Financial Planning for Law Firms, an ALM/Law Journal Newsletters publication covering all financial aspects of managing law firms, including: building a law firm budget; rates and rate arrangements with clients; coordinating benefits for law firm partners; and the newest strategies to grow your firm and your career.

March 2023 will mark the three-year anniversary of the onset of the coronavirus pandemic and the mandated closure of non-essential businesses. During the two-year span of work-from-home that ensued, law firms — for the most part — performed well financially, posting record profits.

The Main RTO Driver: People

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