The Link Between Knowledge Management and Profitability

Did you know there is a direct link between Knowledge Management (KM) and Profitability for law firms? In addition, did you know that this link exists right at the top of the profit pyramid, where the impact on profitability is the greatest? I've heard this link mentioned before, but haven't heard the reasoning behind it. Here are my thoughts on this very important concept.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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