Credit: putilov_denis/stock.adobe.com Legal Tech, ALSPs Won't Lead to Firm Job Losses—Just Greater Efficiency Demands
New trends in the legal services market, including productization, further deregulation and new corporate client expectations, will likely reshape the legal industry in the near future, according to a session held during the 2021 Clio Cloud Conference.
October 28, 2021 at 07:00 AM
4 minute read
The legal services market is growing, but traditional law firms are losing some share of the business, according to a session held during the virtual 2021 Clio Cloud Conference. Still, accelerated use of legal technology and alternative legal service providers doesn't mark the end of law firms, but instead creates an opportunity for firms to supercharge their capabilities and revenue.
Jae Um, executive director of legal research company Six Parsecs and Baker McKenzie's former director of pricing strategy, served as the main speaker of the "Legal Evolution & a More Diversified Legal Market" session held on day one of the Clio Cloud Conference.
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