TBA Law Blog

Posted by: Suzanne Craig Robertson on May 26, 2017

A recent survey of nearly 400 managing partners and chairs nationwide suggests that changes in the legal market are continuing to affect performance, Bloomberg Law reports. In response to survey questions posed by legal management consulting firm Altman Weil, 88 percent of respondents said they have chronically underperforming lawyers, 61 percent said overcapacity is diluting their profitability, and 65 percent said their partners resist most efforts to change how to they do business. This comes at a time when most (72 percent) law firm leaders said the pace of change in the legal industry will only continue to increase in the coming years. Join the TBA's Evolving Legal Market Discussion Forum to weigh in on this.