Addressing the global impacts of the COVID-19 pandemic
Multiple industries — transportation, hospitality, consumer goods, and more — are seeing significant financial impacts requiring companies to adapt their businesses. Many law firms are already seeing immediate effects from shifts in client behavior, and now need to plan for and manage the medium- to long-term business implications.
To manage the uncertainty brought about by the pandemic, Intapp Strategic Consulting can help law firms assess shifting client demand and revenue risk exposure.
With its sector-focused practice, the team can help law firms prepare their businesses for different economic scenarios in some of the following ways:
Demand impact assessment
Identify exposure of firm revenues to shifts in demand across services and industries, based on the firm’s current client base and the Intapp Demand Impact model. This review sets firms up to reorient practices and resources holistically to drive productivity.
Practice operations review
Assess the firm’s existing operational structure and its capacity to identify business restructuring opportunities, including resource reallocation, low-utilization asset divestment, and a technology review to support new ways of working.
Scenario planning and roadmap
Identify short- and medium-term changes and outline a plan of action for different scenarios: e.g., short term: focus on practice area strengths and redistribute cost base resources to mitigate redundancies; medium term: enhance digital client collaboration and engagement approaches.
Insights from Strategic Consulting
How law firms can prepare for success in the COVID-19 era
Based on statistical analysis by Intapp Strategic Consulting, COVID-19 is projected to shrink legal sector revenues in advanced economies by up to 11.1% in 2020. Read our latest market brief to learn about our legal sector outlook and how law firms can use data driven methods to navigate the current business environment.
COVID-19: Business impact on law firms
Intapp Strategic Consulting explores three aspects of COVID-19 affecting law firms: Demand shifts across industries and practice areas, the risk exposure of a client base derived of smaller businesses, and the economic impacts beyond B2C industries.
Meet our team
Vice President and Head, Strategic Consulting
Director, Strategic Consulting
Senior Consultant, Strategic Consulting
Vice President and Head, Intapp Strategic Consulting
Sanjeev Gandhi leads Intapp Consulting, working closely with law firm leaders on technology, change management, and data strategies to improve profitability and drive client success throughout the client-matter lifecycle. He brings over 20 years of experience to Intapp, including 17 years at PwC. Sanjeev was a senior member of PwC’s consulting practice for seven years, where he focused specifically on the legal sector.