Legal Market and Large Law Firm Trends from TRI COO – CFO Conference
This is a live blog post from the Law Firm COO & CFO Forum by Thomson Reuters. The opening session is The Market Setting – Trends Driving New Approaches to…
Legal Innovation on Continental Europe – Xenion Legal
Innovation in the continental European legal market has long seemed to lag relative to the UK, US, and Australia. I have puzzled if my perception was wrong or reflects an…
Big Law Changing or Being Disrupted?
The legal market has seen a running debate since the economic crash: is Big Law being disrupted? My short answer is no, it’s only changing. It’s not the three conferences in…
Lines Between Legal Businesses Blur – Law Firm as LPO – Radiant Law
Radiant Law, a new model UK law firm founded in 2011, announced today that the firm is opening its own legal process outsourcing (LPO) center in South Africa. To be sure,…
Law Departments Have Growing Choices – Should Law Firms Worry (More on Axiom Law and Other Alternatives)
Recent commentary suggests that large law firms have 10 to 15% too much capacity. If so, we can expect to see further BigLaw shrinkage. In contrast, alternative legal providers continue…
ACC 2013 Value Champions Suggest Bright Future for Law Firm Alternatives
The ACC recently announced its Value Champions winners of its 2013 Value Challenge in its article More Corporate Law Departments Turn to Legal Support Services to Reduce Excessive Fees. Winners have…
Law Firm Alternates Grow Rapidly, Chip Away at BigLaw
Three news items caught my eye last week and help explain the challenges large law firms face. Citi Private Banking, which offers regular and reliable financial analysis of large law…
The Rise of Axiom Law
Anyone interested in the evolution of the legal market should read The Disruptive Innovation at Axiom’s Legal Outsourcing Division in the July issue of the The American Lawyer. Highlights of…
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