The Flywheel Effect

A business concept metaphor where an initial investment of effort creates momentum that builds upon itself over time, leading to increased efficiency and results.
Legal departments can leverage the flywheel effect by implementing efficient processes early on to streamline workflows and reduce costs in the long run.

There aren't directly related court cases, but the concept can be applied to legal practice management.

Frequently Asked Questions

Consistent client communication, investment in technology and automation, and building strong client relationships can contribute to a flywheel effect for law firms.

Improved client satisfaction, increased efficiency, and potential cost savings over time.

Requires a long-term commitment, investment in resources, and a cultural shift towards continuous improvement.

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