What Will Keep Firm Leaders Up At Night In 2016

Law360, New York (December 24, 2015, 8:38 PM EST) -- Law firms are facing a number of challenges going into 2016, with growing hurdles to revenue growth and increasing pressures from clients.

Competition in the legal industry is getting fiercer amid a wave of BigLaw merger activity, clients are increasingly questioning the costs of legal services, and there are larger shifts in the kinds of legal work being demanded by clients.

“Law firms that tend to change really slowly are having to adapt really quickly,” said Mike Ray, managing director of Sterne Kessler Goldstein & Fox...
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