Arrested development – the legal innovation report

Arrested development – the legal innovation report

The legal industry is still fragmenting. Pre-2008 it was an easier game: a buoyant economy, predictable government and a converging world flattened by globalisation and the internet. Law firms sought to be ‘global’ and ‘full-service’ and merged or opened offices accordingly. The business model was simple: bigger clients, bigger teams, higher utilisation, higher rates. Hold …