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Many top law firms see alternative providers as “threat to profession”
Tuesday, 13 September 2016Four in ten managing partners at leading law firms see alternative providers such as the Big Four accountants and insurers as the biggest threat to the legal profession, according to a survey published today. It also found firms more likely to see growth coming from investment in technology and hiring teams, rather than mergers.
Tags: lateral hires, merger, profit growth
Posted in Latest news, Market monitor
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Embracing AI: The future of law firms
AI is set to fundamentally change how law firms operate, bringing about new efficiencies, enhancing strategic insights, and ultimately transforming the way legal services are delivered.
CMA guidance on unregulated legal services must be applauded but…
There is little doubt that, with a staggering 3,800 unregulated providers of such legal services, the recent CMA action and guidance was required.
The rise of the agent
We believe AI agents are going to represent the biggest change to the way in which the general public interact with professional services business for generations.
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