Law firms had a great 2018: Demand was up, as were top-line gross revenues, and partners were busy. But those successes have made law firms complacent about what could matter most in the long term, according to Altman Weil’s annual Law Firms in Transition Survey.
Firms have stopped aggressively pushing for the increasingly cost-effective and valuable services clients are still demanding, according to survey co-author Eric Seeger. And down the road, firms that deescalate progress in legal operations could be in hot water in an increasingly competitive market.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
