While observers once
thought demand for legal services was unshakable, the reality is corporations have become increasingly focused on value.
She also said
she thinks demand for legal services has, and continues to, shrink, and reflected on the changing environment for women in the legal field since she started practing law in the mid-1980s.
Not exact matches
But if I were to guess, one has to
think that they see the opportunity to
service the growing
demand for low cost, quality
legal services.
At an in - house panel in late October, Nikki Latta, associate general counsel of Deloitte Canada, agreed there are multiple pressures presented by various regulatory
demands and various disrupters to businesses but said that
for Deloitte's
legal department the focus is on providing «disruptive
service» — understanding and managing
for things no one
thought about a year ago.
We're not here to replace lawyers, in fact we
think that we are expanding the
demand for legal services.
They
think that ABS will either be income neutral to them or will come at the expense of lawyers not in their practice area or will somehow come about either from, first, a hoped -
for increased
demand for legal services or from, second, a hoped -
for set of efficiencies mostly through the magic of algorithms.
The
thought was that this would help deal with an «imbalance» between the
demand for legal services and the supply of lawyers, thereby lowering the cost of justice to the public.
As a result, the
demand has been down
for legal services since 2008: we don't
think it's going to recover.
Given the need
for more careful analysis before making new partners as a result of the lagging
demand for legal services and shrinking profits, it is also timely to give
thought to different classes of partners.