Dan Packel surveys the new competitive pressures on law firms and how their managers are coping, plus insights on the tactics and tech employed by would-be disruptors.
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By Dan Packel | April 13, 2023
"Project Everest," which aimed to split the Big Four firm's audit and consulting work into two units, might have made it easier to sell legal services. But the proposal is now off the table.
By Dan Packel | March 23, 2023
CEO Joe Conroy saw dark clouds on the horizon for the firm's dealmaking practices, but he didn't realize they would blow in so fast.
By Dan Packel | March 16, 2023
There have been rumblings for years that the country, now home to the fifth biggest economy in the world, would liberalize its legal marketplace, and it finally happened.
By Dan Packel | March 9, 2023
A combination with Hogan Lovells would have helped Shearman & Sterling return to where it stood among the largest firms in the world over two decades ago. But was that the only reason it made sense?
By Dan Packel | February 23, 2023
One economic forecaster predicts continued pain for the tech and finance industries, amid early signs that certain law firms serving these clients are feeling the pinch.
By Dan Packel | February 17, 2023
Allen & Overy is claiming that its embrace of an Open AI-backed platform will be a "game changer," but claims in press releases don't necessarily translate into reality.
By Dan Packel | February 9, 2023
Individual attorneys are no doubt experimenting with the tools that are available, but they don't necessarily fit into firms' economic models.
By Dan Packel | February 2, 2023
Will decision-makers embrace flexible lawyering the next time the demand cycle heats up to avoid a repeat of the current overcapacity crisis?
By Dan Packel | January 26, 2023
Maybe the outlook for the broader economy isn't as grim as people think, but the law firm world is still on edge.
By Dan Packel | January 19, 2023
Corporate leaders may be tired of the pressure to focus on the social and environmental consequences of doing business. Law firm bosses might feel the same way, but they've also got an upside.
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