Despite Growth, Report Warns Market Shifting for Law Firms

Demand for law firm services registered its second straight year of growth in 2019—a feat accomplished only twice since the Great Recession. Still, law firm leaders should not overlook “fundamental shifts” occurring in the law firm market, a new report warned.

Clients have taken “decisive control” of who performs legal services and how they are performed, bucking the decades-old “law firm-centric” model, according to the 2020 Report on the State of the Legal Market.

Some law firms have begun responding to that change by outsourcing work to lower-cost providers, offering new services through subsidiaries, and expanding their use of ...