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Instant Insights / As Coronavirus Spreads, Legal Industry Shifts into Crisis Management Mode

Lawyers and their clients worldwide are responding to the coronavirus outbreak that, since December, has killed more than 67,760 people and infected more than 1.21 million. Law.com’s reporters around the world are covering the virus’ impact on law firm operations, client business, law schools, and lawyer and staffer safety. Here’s a collection of our coverage, which we’re continuously updating.

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Traders on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Wednesday, February 26, 2020, as a global stock market slide continued. Traders on the floor of the New York Stock Exchange on Wednesday, February 26, 2020, as a global stock market slide continued. Photo: Michael Nagle/Bloomberg

Stocks slid downward for the seventh day in a row Friday, as fears of the coronavirus grew, and the S&P 500 index’s record high—from just one week ago—is very much in the rear view mirror.

Law firms are also confronting whether their recent gains could be under serious threat if the spreading disease, officially called COVID-19, puts a damper on corporate profits and economic growth, as investors clearly fear.

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Dan Packel

Dan Packel covers change and innovation in the legal services market, and writes a weekly briefing for Law.com, "The Law Firm Disrupted," on these subjects. He is based in Philadelphia. Contact him at [email protected] On Twitter at @packeld

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