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"2017 Report on the State of the Legal Market" Finds 10 Years of Stagnation Changing the Industry; Says Innovation Key to Law Firm Success

Need to read by Georgetown Law’s Center for the Study of the Legal Profession and Thomson Reuters Legal Executive Institute.

 

The billable hour model of decades past where law firms experienced little pushback on rates or number of hours spent is effectively dead, and the traditional law firm franchise is increasingly at risk after a decade of stagnant demand for law firm services, according to the 2017 Report on the State of the Legal Market, released today by Georgetown Law’s Center for the Study of the Legal Profession and Thomson Reuters Legal Executive Institute.

 

 

 

 

 

 

 

 

 

Get your report by clicking the report or this link https://www.law.georgetown.edu/news/press-releases/legal-market-report-2017.cfm

 

 

 

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