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Legal function: Difference between revisions
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*'''The legal market has always been a seller’s market but now it’s a buyer’s market''': Market participants each operated within their self-defined market segment and offered little competition to each other (presumably ''between'' each segment). As a result, the legal market was a seller’s market in the sense that the clients – the buyers – had to accept that legal services would be delivered in the rigid and siloed way the providers had always adopted.<ref>[https://www.allenovery.com/en-gb/global/news-and-insights/legal-innovation/the-future-of-the-in-house-legal-function The future of the in-house legal function], [[Allen & Overy]] thought leadership.</ref> IOW: [[this time is different]]. | *'''The legal market has always been a seller’s market but now it’s a buyer’s market''': Market participants each operated within their self-defined market segment and offered little competition to each other (presumably ''between'' each segment). As a result, the legal market was a seller’s market in the sense that the clients – the buyers – had to accept that legal services would be delivered in the rigid and siloed way the providers had always adopted.<ref>[https://www.allenovery.com/en-gb/global/news-and-insights/legal-innovation/the-future-of-the-in-house-legal-function The future of the in-house legal function], [[Allen & Overy]] thought leadership.</ref> IOW: [[this time is different]]. | ||
*'''The legal market has changed so little over the last thirty years that radical change is the only possible outcome now''': | *'''The legal market has changed so little over the last thirty years that radical change is the only possible outcome now''': | ||
*'''The billable hour is Satan’s own handmaiden''': | *'''The [[billable hour]] is Satan’s own handmaiden''': Well it isn’t, is it? | ||
{{sa}} | {{sa}} | ||
{{ref}} | {{ref}} | ||