2014 State of the Law Firm Market

A new report from Georgetown University Law Center and Peer Monitor warns that unless law firms re-examine their traditional business models and embrace change in how legal services are delivered, they will not be able to successfully adjust to the significant outside forces that are reordering the industry. The “2014 Report on the State of the Legal Market” highlights recent trends in the legal market, as well as factors that will likely impact the market in 2014 and beyond.

James W. Jones, senior fellow at the Georgetown Law Center for the Study of the Legal Profession is lead author of the report, which can be downloaded at: https://peermonitor.thomsonreuters.com/wp-content/uploads/2014/01/2014_PM_GT_Report5.pdf