This story was adopted from the Law Firm Disrupted, a briefing from Law.com reporter Dan Packel that surveys new competitive pressures on law firms and how their managers are coping, plus insights on the tactics and tech employed by would-be disruptors. Have an opinion? Email him here. Want to be alerted to this dispatch in your inbox every Thursday? Sign up here.
The news this week that Reed Smith has formed an outside advisory board to guide its senior management team is just the latest example of the U.S. legal industry playing catch-up.