Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Competitive intelligence has long been a standard practice in industry and in consulting firms, but has only recently begun to come to the fore in private law firms. A variety of business drivers have led numerous law firms to create dedicated CI job positions during the past couple of years.

Law firms’ ways of doing business are changing and are becoming more like a corporation’s. Increased competition for high-end work, consolidation among firms, clients’ reductions of their legal panels and the cost-reduction initiatives of general counsel — such as moving legal business in-house — are all driving the growing need for competitive and market intelligence. Firms are also increasingly focusing on client retention, cross-selling opportunities and growth via lateral hires and acquisition opportunities, all of which require business and market intelligence.

This content has been archived.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.