But he concludes: 'BigLaw is not dead'. The problem that is holding many firms back is their culture, he says. This has created an 'inability to change' in some firms and a persistent belief that 'the good old days' will return.
Nimble and hungry
He predicts that some of the the nimble, hungry firms will be able to deliver such good value that in-house counsel will recognise that value and continue to use them. General counsel are both under pressure and empowered now in the cause for delivering change. Source: Bloomberg Business of Law
Email your news and story ideas to: [email protected]
