English to Arabic Bus/Financial Economics corporations law

3.1 Firm-wide benefits
Figure 1 illustrates the effects of cross-practice collaboration on one firm‟s client revenues. Each bar on the chart represents a set of clients, defined by the number of practice groups (e.g., real estate, employment) that serve each client in the set. The height of the bar represents the average
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annual revenue that the firm gets from each client. The line shows how the average revenue per practice depends on the total number of practices that are involved in serving that client. What is clear from this pattern is that multi-practice client service brings in significantly more revenue than can be explained by mere cross-selling. The jump from, say, five to six practices involved with a client is greater than just one-fifth; this increase implies not only that additional work is being carried out within individual practice, but also that each additional practice changes the nature of the work itself. There are two possible reasons for this increase: higher-value work and increased retention of clients and professionals