Sometimes I despair that the legal market never changes. Then I remind myself of the many past changes and signs of more to come.  Lawyers may object to change but the sweep of events proves that resistance is futile. Eventually, lawyers assimilate to the new...

A new report delivers more bad news about US large law firm performance. What should management do?  The just-released Hildebrandt Institute Q2 Peer Monitor Report observes “warning signs are emerging that the remainder of the year could pose numerous difficulties… A combination of lethargic demand,...

Until 2008, demand for corporate legal services grew rapidly. Large law firms could prosper with little attention to strategy or service. Today, however, firms face flat demand plus competition from other firms and alternative legal services providers. To maintain or gain share and protect profits,...