The State of Alternative Legal Service Providers
The report Alternative Legal Service Providers 2019 was released last week. Perhaps influenced by the subtitle, “Fast Growth, Expanding Use and Increasing Opportunity”, the many articles covering it suggested the findings portends trouble for law firms. I read the report differently. Below, I focus on...
Ron Friedmann,
7 years ago
5 min read
Highlights from the Altman Weil CLO Survey
This post offers highlights of the annual Altman Weil CLO Survey. In my view, the Chief Legal Officer (CLO) Survey is one of the better legal market surveys. It has been conducted since 2010, has a good sample size, and asks many of the same...
Ron Friedmann,
7 years ago
4 min read
Why Alternative Legal Provider Market Share May be Limited
Many commentators argue that alternative legal provider market share is destined to grow. But I think it may be more limited than many suggest. Introduction and Background Numerous recent articles and blog posts cite the rise of alternative legal service providers, prompted in part by...
Ron Friedmann,
7 years ago
5 min read
The Client Quest for Value – Innovation, Insourcing, and Outsourcing
Recent surveys and news items illustrate clients’ quest for value, the challenge of innovation, and renewed interest in outsourcing for value. Can we draw any conclusions from these disparate items? Innovation Gap Survey by Thompson Hine Last week, Thompson Hine released a firm-sponsored survey of almost...
Ron Friedmann,
8 years ago
5 min read
Snapshot of the Legal Market, Missing Link, and Mystery Disconnect
Two recent surveys, the Altman Weil 2017 Chief Legal Officer (CLO) Survey and the 2018 Report on the State of the Legal Market by The Center for the Study of the Legal Profession at the Georgetown University Law Center and Thomson Reuters Legal Executive Institute and Peer Monitor® provide a...
Ron Friedmann,
8 years ago
6 min read
What Are Legal Tech + Legal Service Provider Exit Strategies?
I’ve recently spent a fair bit of time thinking and talking with friends about exit strategies for legal tech and legal service provider companies. I don’t have a clear answer, so I’m writing this post to solicit others’ views. [This article was originally published by...
Ron Friedmann,
8 years ago
3 min read
Will All Law Firms Eventually Corporatize?
INTRODUCTION TO CORPORATIZE TOPIC and CHRIS BULL I recently spoke with my former colleague Chris Bull who made the interesting observation that law firms will corporatize. I was intrigued about what he meant and why, so interviewed him. Chris is the Executive Director of Kingsmead Square, a...
Ron Friedmann,
8 years ago
7 min read
Is the Pressure Building on Big Law?
I’ve complained that too many commentators predict Big Law disruption. With Big Law surviving the 2008-10 economic crisis largely intact and profits continuing to grow, it’s hard to see the disruption. What’s hard to miss though is the pressure Big Law faces from several directions....
Ron Friedmann,
8 years ago
3 min read
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