After what could only be described as a period of uncertainty in 2017, a new study published Tuesday by legal consultancy Major, Lindsey & Africa finds that law firms and in-house departments will need to double down on their strengths to keep their efficiency and profits high in what is bound to be an equally unpredictable 2018.
“There was some uncertainty at the beginning of the year following the election because people weren’t quite sure what was going to happen,” said Jeffrey Lowe, one of the study’s authors and global practice leader of the law firm practice group at Major Lindsey. “As that uncertainty continues to this day, I think firms finally realize we might not really have certainty over the next three or four years, so we’re just going to go ahead and continue to do what we’ve been doing.”
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
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]