Fixing the Law Industry’s Innovation Deficit
Despite the record profits reported by many law firms in 2021, three concerns should add impetus to their digital transformation efforts:
- A deepening talent crisis is described as the greatest threat to future profitability.
- Steeply rising compensation costs have failed to stem staff attrition.
- The unwillingness of clients to foot the bill.
In a market where simply throwing more professionals and billable hours at matters will cause customers to shop around, digital laggards will lose out to more digitally mature and nimble competitors. Truth is, that numerous barriers still stand between law firms and their desire for fast-paced innovation.
In this eBook, we explore the barriers and how to overcome them with digital experience design tools and methods that will help you accelerate client-facing digital innovation.
Global Lead – Industry and Solutions GTM
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