What's Holding Law Firms Back From Innovation?
Recent surveys suggest firms aren't perceived as particularly innovative, and while they are making progress in areas like technology and analytics, they could do more to leverage them.
December 06, 2021 at 11:12 AM
6 minute read
Law Firm ManagementThe original version of this story was published on The American Lawyer
There's a school of thought that says the U.S. is lagging on innovation in the 21st century. The same has been said of law firms dating from at least the last century. Why innovation is difficult for law firms is a combination of factors, such as fear of risk and reliance on the billable hour. How firms get out of that rut is more complex.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Trending Stories
- 1The Law Firm Disrupted: For Big Law Names, Shorter is Sweeter
- 2Wine, Dine and Grind (Through the Weekend): Summer Associates Thirst For Experience in 'Real Matters'
- 3The 'Biden Effect' on Senior Attorneys: Should I Stay or Should I Go?
- 4BD Settles Thousands of Bard Hernia Mesh Lawsuits
- 5First Lawsuit Filed Alleging Contraceptive Depo-Provera Caused Brain Tumor
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250