Thank you!
The full article is available below.
You will also receive a follow-up email containing a link so you can come back to it later.
How an EdTech CPE Learning Partner Might Be the Key to Maximizing Your ROI
This article explores how law firms can form strategic partnerships with educational providers, ensuring a high return on investment (ROI) for their education initiatives. It aims to provide insights into optimizing educational investments, encouraging senior partners to explore partnership opportunities.
Tax and Accounting firms invest millions each year in professional development, covering costs such as Continuing Professional Education (CPE), new Learning Management Systems (LMS), conferences, and summer internship programs. Each firm must align its training resources and budget to maximize its investment. One effective strategy is to partner with a learning company, specifically in the EdTech sector.
Importance of Collaborating with Top EdTech Companies
1. Consider Partnerships for Better Outcomes
-
Forming alliances allows businesses to leverage each other's strengths, creating comprehensive online learning ecosystems through shared resources, coordinated marketing, and partner expertise.
2. Collaboration on EdTech Tools + Services Expand Your Options
-
Working directly with EdTech firms can focus efforts on capabilities that align with your firm's outcomes. Your firm can concentrate on its core competencies while the EdTech partner complements your offerings with tailored learning solutions.
-
Collaborations may involve testing new features, beta testing products, or developing new solutions from scratch, benefiting both parties by enhancing educational tools.
3. Building Better Experiences Can Reward Both Parties
-
Partnering with EdTech, particularly those utilizing AI developers, can lead to personalized and engaging learning experiences. These might include intelligent tutoring systems and adaptive learning algorithms, addressing rising costs and shifting labor market needs.
Benefits for Your Firm
These partnerships demonstrate a firm's commitment to learning and professional development, which is highly valued by today’s associates. They expect substantial investment in their growth, viewing it as a top perk. What do these investments show your employees?
Choosing and Evaluating Training Providers
1. Future-proof Training
-
Providers should be responsive to market trends and regulations, offering courses that meet evolving business demands, such as integrating technology in law.
2. Content Expertise
-
Expansive content teams can ensure that these firms provide a breadth of coverage, catering to various learning complexities, including content for associates, partners, and paralegals.
3. Technological Proficiency
-
Assess the complexity and capabilities of the partner. Do they offer content in multiple modalities, such as live, online, on-demand, and instructor-led courses? Are they utilizing AI in their courses or providing content on the latest topics?
Expanding Your Firm’s Offerings
Forming strategic partnerships with EdTech companies can significantly enhance the educational offerings of tax and accounting firms, optimizing their ROI on education initiatives. These partnerships extend learning resources, demonstrate a commitment to professional development, and help attract and retain top talent. Senior partners should explore these opportunities to maximize their firm's potential and stay ahead in a competitive and evolving industry.
Unlock the Full Article
Bring Your Goals Within ReachTell us a little about yourself and your goals to display the full article and gain access to more resources relevant to your needs.
Interesting in reading more? Fill out the form to read the full article.