Business of Law
Are companies like Axiom Law a threat to BigLaw? (video)
Posted Jul 18, 2013 10:35 AM CST
By Lee Pacchia
Axiom Law–which has 1,000 employees in 11 offices–isn't a legal process outsourcer, claims its founder and CEO Mark Harris. But it's also not a law firm, he says. Yet it's been solely responsible for the legal work on more than 10 M&A transactions over the past year–the kind of work law firms once thought they alone could do.
It aspires to become "one of the world's largest providers of legal services," Harris tells Bloomberg Law's Lee Pacchia.
Listen for yourself to decide if it's a threat or a friend to BigLaw.