Amid unprecedented change in the legal market, law firms continue to speculate about the likely sources of future growth. (See The American Lawyer article: Everybody’s Talking at Me by ALM’s Editor In Chief, Aric Press - p98, March 2013).
Acritas’ new ‘Future of the Legal Market Insight Report - The US General Counsel Perspective’, contains robust market intelligence about clients’ evolving needs.
Based on analysis of 163 interviews with legal services buyers in $50 million+ revenue organizations in the US, the report contains verbatim answers to the all-important question: ‘What do you believe will be the major changes in the legal services market over the next two years?’
The following areas are covered:
- Pricing model
- Use of technology
- Reallocation of work
- Bringing work in house
- Restructuring firms/cost cutting
- Law firm consolidation