«That word,» in
the current legal marketplace, is «disruption,» a terrific word that's instrumental in understanding what this market is going through, but one whose overuse is generating a growing backlash.
Earlier this fall, I gave a presentation to a Canadian law society that described the key trends in
the current legal marketplace and forecast where they're likely to lead in future.
Those families represent two - thirds of
our current legal marketplace that would otherwise be forced to self - represent.
Considering all that you may know about the practice of law,
the current legal marketplace and the reputations of other members of the candidate's firm, how comfortable are you with the articulated reasons?
This form of law practice management provides a competitive advantage, especially for solos and small firms, which is hard to ignore in
the current legal marketplace.
Unfortunately, in
the current legal marketplace there simply is not an alternative.
Not exact matches
ABS, erroneously sold as the only way to achieve the benefits claimed for it, would, once adopted, inevitably over time lead to an anti-competitive consolidation in the
marketplace and add onto the
current costs of
legal services the imperative to generate profits for the remote, extra layer of investing profit seekers.
While 56 percent of firm leaders say the
current economic downturn has produced a fundamental shift in the
legal marketplace, 70 percent of those same leaders say it has not produced a corresponding shift in their own firm's business model.
That's a lovely straw man, but I don't know of anyone remotely informed about the
legal marketplace who lays all the blame for the
current situation on law schools and their graduation rates.
These issues usually include re-assessing partner satisfaction with gross revenue and net profit, individual net income, hourly and billing expectations, firm resources and capabilities, perceived strengths and weaknesses, reputation and position in the
marketplace and the willingness and ability of themselves and other partners and associates to sell the firm's
legal expertise and cultivate new prospects within the firm's
current and potential market.
The Illinois State Bar Association Report contains a well - documented description of what it calls «The Big Picture» affecting the profession, including: the economic challenges plaguing lawyers, the lack of training for law students in the skills needed to succeed in the
current climate, the reluctance of the population to use traditional
legal services, and the technological changes redefining the way people work and enabling new actors to reshape the
legal marketplace.
Colin Rule: Well, it's interesting, we are building a new society out in cyberspace, it's cross-border, I mean, any of us can pull our phone out of our pockets and swipe, swipe, swipe, we buy something from someone on the other side of the planet and the justice systems that we have are tied to geography, if it's a dispute between a buyer in Argentina and a seller in Paris based on an e-commerce
marketplace in the US and the item is drop - shipped out of China, I mean, our
current legal system really can't make heads or tails out of that because it's the jurisdiction, it's just too confused.
How critical mass can transform our industry, and the major shifts that could occur in the
legal marketplace when
current trends reach market penetration
Steve, my reading of Susskind is actually more the opposite — I think he's suggesting that lawyers» personal relationships will become more important precisely because technology and the
marketplace will strip away all the other procedural, transactional, automatable stuff upon which many
current legal careers are based.
Our attorneys stay
current with the ever - changing
legal issues involved in international litigation and arbitration matters, and we understand the important social and cultural considerations that support effective client representation in the global
marketplace.
As you visit our website, you will discover an institution committed to preparing students for the realities of the
current global
legal marketplace.