Market analysis and development
Understand the markets you operate in and how they may develop.
L&F CG · The Commercialization Wheel
The Commercialization Wheel shows how market understanding, services, digital visibility, technology, sales and learning work together. Commercial governance and coordination connect the work.
The model explains the whole system. Legal uses the same structure to show documented results for each law firm.
How law firms are analysed (Norwegian) ↗Six processes
Each area represents an activity a firm can develop. The wheel makes it easier to see how these activities connect.
Understand the markets you operate in and how they may develop.
Adapt services to the market and continue developing them.
Present services and expertise where potential buyers look for information.
Use technology that supports commercial work.
Work with new and existing clients and develop the sales process.
Practise, learn and improve the work for next time.
Responsibilities, priorities and collaboration connect the six processes.
First industry · Law firms
Legal examines how law firms make the commercialization of their people, services and specialist expertise visible. Results are based on publicly documented evidence, rather than assumptions about internal practices or their effects.
Explore Legal (Norwegian)Analyses and firm profiles using the same questions and weighting.