![]() ![]() ![]() The firm wants to grow revenue the client wants to cut costs. And this reward is often at odds with the client’s interest. It’s an inefficient model because it rewards law firms for hours devoted to a matter. Futurists like Richard Susskind argue that innovation is necessary because the traditional model in which lawyers bill by the hour is no longer suited to the demands of clients. Q: Where do foreclosure firms fit within the larger discussion about innovation in the law?Ī: We think the best foreclosure firms today are models for traditional firms of the future.
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