Inside And Outside, Counsel Everywhere Need To Adapt
Law360, New York (December 12, 2017, 7:03 AM EST) -- After weathering a volatile year, the legal profession has returned to a tentative state of normalcy, but market pressures, regulatory uncertainty and innovations in technology will alter the way firms and legal departments manage themselves, according to a report released Tuesday by Major Lindsey & Africa.
Both inside and outside counsel will face challenges in recruitment and cost pressures, owing to lingering political and economic unpredictability, which will put pressure particularly on middle-market firms and corporate legal departments to refocus on running their operations to deliver legal services with greater efficiency, the report said.
“While law firms are being asked to...
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