The following is an excerpt from Gene Commander’s November article in Attorney at Work. The article delves into the emerging demographic, professional, and technological trends that are driving major changes in the business of law and lays out smart growth strategies to meet the mounting challenges. The article in full can be read here.
Law firms today are resting on a fault line. A cluster of transformative trends is set to rock the legal industry, with some firms poised to enter the next decade on solid footing and others likely to crumble. How will you shore up your practice’s business model?
Consider these emerging demographic, professional and technological trends as you evaluate strategies to safeguard your firm’s growth.