For law firms and their in-house partners to survive and thrive, differentiating services and analyzing big data will be key, while understanding and harnessing technology are the first steps, according to a Wolters Kluwer survey.
April 05, 2019 at 09:45 AM
1 minute read
Reporter
Lawyers aren’t known to be the most tech-savvy, but they should improve their understanding and use of technology to differentiate and improve their practice, unless they want a race to the bottom in pricing to compete.
A Wolters Kluwer Legal & Regulatory-conducted survey, “The Future Ready Lawyer,” found out of 700 U.S. and European in-house and private practice lawyers, only 34 percent said their organization is very prepared to keep pace with changes in the legal market.
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