IBA Annual Conference Mexico City 2024

15 Sep - 20 Sep 2024

CASA MONTEJO 4, LEVEL S

Session information

Avoiding ‘margin squeeze’

Tuesday 17 September (1430 - 1545)

CASA MONTEJO 4, LEVEL S

Committee(s)

Law Firm Management Committee (Lead)
Latin American Regional Forum

Description

Costs (especially salaries) for law firms are going up, revenues are flat or dropping. This means margins are reduced and for the first time ever for many partners, profits are reduced. How do law firms best survive and indeed flourish in this changing world? We are moving from lawyers ‘have never had it so good’ (during the Covid-19 pandemic) to law firms risking failure and/or partner departures due to not managing profit.

This session will give you some ideas as to how to avoid margin squeeze, how to keep your firm profitable and how to avoid losing the most productive partners.
 

Session / Workshop Chair(s)

Eva Berlaus Sorainen, Riga, Latvia; Vice Chair, Law Firm Management - Strategy and Finance Subcommittee
Adam Emmerich Wachtell, Lipton, Rosen & Katz, New York, New York, USA; Chair, Law Firm Management - Strategy and Finance Subcommittee

Speakers

Jorge De Presno Basham Ringe y Correa, Mexico City, Mexico
Joyce Wambui Karanja Bowmans, Nairobi, Kenya; Diversity and Inclusion Officer, African Regional Forum
Alexander Ritvay Noerr, Berlin, Germany
Tiziana Sucharitkul Tilleke & Gibbins, Bangkok, Thailand; Co-Vice Chair , Law Firm Management Committee
Rosario Zaccà Gianni Origoni, Milan, Italy