3 ways modern conflicts management empowers firm growth

The global management consulting market is expected to reach $452 billion this year.¹ But unless your teams can successfully navigate complex conflicts challenges — from increasing client demands to stricter regulatory requirements — your firm will miss out on its share.

Discover how modern conflicts management can drive strategic growth while protecting your consulting firm from risk.

1. Accelerate new business acceptance by 40%

Traditional conflicts processes require teams to manually enter data across email chains, spreadsheets, and siloed systems. As a result, new business acceptance is delayed by an average of 3–5 days — reducing profitability and client satisfaction.²

With an integrated, centralized conflicts solution, your teams won’t have to search across multiple systems to find what they need. Instead, they can quickly access all relevant data in one place. And by switching from manual to automated workflows, your professionals will be able to take on new business up to 40% faster.³

2. Reduce the risk of missed conflicts by 70%

Manual conflicts review isn’t just slow — it’s error-prone. If your professionals fail to flag a conflict of interest, it could lead to costly fines, legal or regulatory consequences, and reputational damage.

Reduce the risk of missed conflicts by up to 70% through automated, AI-assisted reviews.⁴ AI- and data-driven insights can also help your teams proactively address conflicts through trend analysis and performance metrics, allowing your firm to make more strategic decisions.

3. Increase new matter intake by 25%

Many consulting firms are expanding their services and branching out into new markets. But to remain competitive, these firms need to be able to manage all their new business without slowing down client service delivery.

By streamlining and automating your conflicts processes, your firm can increase engagement intake by 25% — all with the same staffing levels.⁵ Streamlined processes will also help your teams respond faster to RFPs and identify time-sensitive opportunities — before your competitors do.

Ready to get these results at your firm? Find out how you can transform your conflicts management strategy in our white paper, “Preserving your firm’s reputation: A guide to managing conflicts of interest.”