• 27 May 2021
  • Reading time
    6 minutes

Ultra-transparency in law firm fees is a competitive advantage

Runners on a running track

Law firm pricing has come a long way in the last decade, especially at the behest of pressure from clients. While it's improved tremendously, it remains imperfect which presents an opportunity for forward-thinking firms.


Ultra-transparency, like sharing real-time WIP and accruals, provides a significant advantage in a competitive market teeming with rivals, potential substitutes, and the threat of new entrants. 

Our CEO Nicholas d'Adhemar and Alastair Young, Managing Partner of the Dentons' Middle East Division, recently co-authored an article for Bloomberg Law to explore the three primary benefits to law firms in exchange for ultra-transparency.

Read the full article here.


Photo credit: Steven Lelham on Unsplash

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