Oct 25, 2010
Law Firms Feel Pressure From New Breed of Competitors
The legal industry is falling apart, but not in the way pundits meant when they gave that diagnosis in 2008 as firms were hit with the reality of the recession. Rather, the industry is moving away from a monolithic provider of legal services — the law firm — to a fragmented platform where the competition isn’t just a growing array of law firms, but legal process outsourcers and other non-law firm legal service providers as well.