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The list of changes in the legal industry
since Primerus was founded 25 years ago
is seemingly endless.
Technological advances. Creation of
new practice areas to address evolving
client needs. The advent of lawyer
advertising. Globalization. Upheaval
following the world financial crisis of 2008.
With the pace of change only
accelerating, legal experts agree it's hard
to predict what the legal profession will
look like in the next 10 years, let alone
25 years.
According to the 2017 Law Firms in
Transition, an Altman Weil survey, 72
percent of managing partners and law firm
chairs said "yes" when asked, "Going
forward do you think the pace of change
in the profession will increase?"
So law firm leaders agree change is
coming, and it's coming fast, but are
they ready?
As Primerus celebrates its 25
th
anniver-
sary this year, we take this opportunity
to look ahead. What challenges and oppor-
tunities lay ahead? And how is Primerus
helping some of the world's finest law firms
and their clients prepare?
"I believe what we have started with
Primerus is where the future is going to
be for small to mid-sized law firms," said
Primerus Founder and President John C.
"Jack" Buchanan. "In a globalized world
with rapid technological advances, it's
going to be more and more difficult for
small to mid-sized firms to practice law in
isolation, and for clients to find quality legal
representation for a good value anywhere in
the world. Primerus is the answer for both."
Trends to Watch
Thomas Clay, principal of Altman Weil
with 30 years' experience as a legal
consultant, will speak about global trends
in the legal industry at the 2017 Primerus
Global Conference, October 4-7, in
Vancouver, British Columbia, Canada.
He'll offer Primerus members a window
into upcoming trends, which he said are
the "proverbial threat or opportunity,"
depending on how firms approach them.
"No law firm--small, medium sized,
enormous--is going to escape some of the
dynamics and trends that are out there.
None," said Clay, co-author of the 2017
Law Firms in Transition survey report.
"You have to be thinking about what is
already going on, and more importantly,
what will continue to go on."
Primerus Looks Ahead:
Trends in the Legal Industry
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