The healthcare industry is the most competitive industry in the world while challenges also arise in contracts such as mergers and acquisitions, insurance costs, rising drug trials, increasing regulatory requirements, renewals etc are just adding complexity. So, in order to deal with these challenges, healthcare firms are looking to transform digitally to better manage processes, …
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We’re seeing new kinds of innovation impact just about every part of our business lives. The practice of law is impacted as well like new innovations are profoundly changing the legal domain for legal departments to operate. Technology is driving globalization and is bringing about the geographic ‘spread of businesses’. This implies closer monitoring of …
The attrition of experienced women attorneys resounds all through the legal profession and heavily impacts law firms and legal departments. At the point when experienced women attorneys leave, they take with the significant substantial investment made by their organizations over the years. Additionally, they also leave strong relationships with the clients they serve. The loss …
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Outsourcing is a business practice of hiring a company to perform services. In small businesses 80% plan to outsource their business functions. Legal Process Outsourcing means contracting out work to a different firm. Therefore, outsourcing provides businesses with distinct benefits. A survey found that 500 small businesses in the US realize to outsource their work …
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Are you applying this decoy effect to your business? Ho….hoo…really not? Come on If not then start now onwards. Do You Know What the Decoy Effect Is? The decoy effect is the phenomenon in which customers tend to change their purchasing preferences when they have the third choice. In this, customers are clear that they …
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