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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