Law firms turnaround cautious approach to innovation: CBA report
Misa Han and Katie Walsh
A surge in innovation among professional services firms added an estimated $12 billion to the economy last year, delivering firms an average $585,000 boost from $171,000 invested.
Professional firms in legal, accounting, IT services, management consulting and engineering sectors on average spent $171,000 over the past 12 months, compared to the national average of $300,000, a Commonwealth Bank report found.
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Misa Han writes on news and business from our Sydney newsroom. Connect with Misa on Twitter. Email Misa at misa.han@afr.com.au
Katie Walsh is the editor of Legal Affairs. She is based in our Sydney newsroom. Connect with Katie on Twitter.
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