Mark Klender, Principal, Deloitte Consulting discusses 10 Big Issues Facing the Legal Market in 2016 in his article for Bloomberg BNA.
“Like a tsunami, which takes time to make landfall, change is quietly rolling throughout the legal industry, and in small increments at most firms. But sometimes it takes a storm to recognize something is amiss and that you were not ready for it.”
Klender goes on to list ten axioms framing the industry as we enter 2016 including:
- Cybersecurity will continue to nag the industry, with risks for many and cause for problems for some.
- While many advances are taking place in point solutions, the legal industry will still be befuddled on how to make technologies seamlessly work together.
- Competition is intensifying and morphing, coming from unanticipated realms.
Read the full article here.