Why Selling Products May Be The Future For Law Firms

Law360 (April 5, 2018, 12:52 PM EDT) -- Many law firms that simply offer legal services may be missing out on the opportunity to grow larger faster, and bring in more revenue with less manpower, by failing to turn at least some of their expertise and knowledge into products.

As the legal technology space has exploded in recent years, many of the players at the fore of the boom have not been law firms, with others like legal technology startups stepping in, despite the fact that much of the institutional knowledge on the law and the needs of corporate legal consumers resides within the four walls of those firms, according to...

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