Law360, New York (January 3, 2017, 12:40 PM EST) -- The legal industry is in an innovative, rapidly changing state. In 2016, the legal industry appeared to be driven by client demand. The Center for the Study of the Legal Profession at the Georgetown University Law Center and Thomson Reuters Peer Monitor 2016 Report addresses these trending changes in the industry, stating “What once was a seller’s market has now clearly become a buyer’s market, and the ramifications of that change are significant.”
The evolution of the client driving legal relationships has consistently evolved since 2008: “[The] market for law firm services has changed in significant and permanent ways. Clients who...
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