The business of law is changing swiftly, reflecting our world at large. Global markets are in flux, regulatory winds are ever-shifting, and the fundamental calculus of risk and reward gains new variables every day. As companies evolve to keep pace, their general counsel are rightly demanding more and different services from their outside law firms.

How can their law firms prepare to accept this new challenge? Certainly, not by merely tweaking the existing, traditional framework for service delivery. Law firms must become the engines of their own, swift evolution or risk losing the confidence (and the business) of their clients.