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SmartLaw - Expert insights for the future of law
The business of law is changing rapidly. Law firms risk getting left behind as their competitors adopt new business structures, billing models, and client services, and client expectations broaden drastically. HighQ asked 15 legal experts their advice for firms looking to stay successful in the future for a new ebook.
Competition among firms is fiercer than ever, and firms who traditionally only needed to concern themselves with rivals of a similar size, status and locality are now competing with firms from across the business and across the world, big and small, old and new.
So what should firms do to stay competitive in this ever-changing marketplace?
HighQ asked 15 legal experts for their advice, their answers covered five key focus areas:
Firms that are purely focussed on the quality of their lawyers are getting left behind as clients look for lawyers who can provide services far beyond the scope of the billable hour and beyond the expertise held by lawyers.
Today’s successful law firms run themselves as businesses, employing analytics and big data to optimise the output of the business; they look beyond the lawyers for expertise elsewhere in the firm, whether that’s knowledge teams, IT teams, or project managers.
They listen to the needs of their clients and potential clients and speak to those needs, positioning themselves as consultants, advisors, or business partners.
Download the ebook, SmartLaw - Expert insights for the future of law, for insights into the future of law from industry experts from across the legal industry - law firms, legal IT providers, thought leaders and consultants - including Ron Friedmann, D Casey Flaherty, Ari Kaplan, and Jordan Furlong.
HighQ provides innovative solutions to some of the world’s leading law firms, investment banks and corporations for secure file sharing, enterprise collaboration and social networking. We uniquely combine secure, enterprise-grade technology with the best ideas and user experience from consumer tools to enable you to securely exchange business critical information and collaborate with colleagues, customers and partners in one unified space.
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