The world recently achieved a remarkable feat: the development and deployment of a safe, effective vaccine to combat COVID-19 in under a year. This scientific discovery was fast. So fast, in fact, it spurred detractors, people skeptical and fearful about the speed of its invention. Rapid innovation is scary. It is also necessary, particularly in times of crisis and great change. Rapid innovation is scary. It is also necessary, particularly in times of crisis and great change.
The legal industry has undergone drastic transformation. The pandemic accelerated underlying trends — the move to remote work, client demand for greater value and efficiency, the need for enhanced diversity efforts, restructured operational models, use of technology, and more — at a pace that was wildly uncomfortable for many. It is now incumbent upon law firm leaders to harness these changes and to help their firms emerge stronger and healthier than before. Yet are they prepared?