Survey: Strong consensus law firms need to change. But can they? (video)
A survey of the readers of the Adam Smith, Esq. law firm management blog has found that there is widespread agreement that law firms have to change their fundamental business models, consultant Bruce MacEwen tells Bloomberg Law’s Lee Pacchia.
But lawyers have real doubts that law firms will be willing to invest the money necessary to compete with legal process outsourcers, or even know how to compete in a changing legal profession, he says.