X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

The legal industry is in the midst of a fundamental shift as the United States’ largest law firms continue to confront the challenges posed by decreased demand for their services, outsized expenses stemming from years of growth and rate pressures from emboldened clients. This is the conclusion presented in the 2010 Client Advisory released this week by the consultants at Hildebrandt Baker Robbins and the Citi Private Bank division of Citigroup Inc.

“Managing law firms has been about managing growth and expansion, [but] now, firms have to take more seriously how to deliver legal services in the most efficient and cost-effective way,” says James Jones, a managing director at Hildebrandt involved in producing the report.

This content has been archived.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 Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

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]

 
Reprints & Licensing
Mentioned in a Law.com story?

License our industry-leading legal content to extend your thought leadership and build your brand.

 

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.