Is the legal profession’s vision for the law firm of the future already outdated? Can the law firm of today cope with the incredibly dynamic and changing competitive legal services environment, or will it go the way of the dinosaur? Greater and new competition in the forms of artificial intelligence, disruptive technology, the Big Four accounting firms, enlarged in-house legal staffs, and alternative legal service providers are eating law firms’ lunch. Clients are demanding service, efficiency and transparency in a way that puts tremendous pressure on the traditional law firm model.
