Experts Forecast Continuing Challenges and Uncertainty in the Legal Market

The latest annual Hildebrandt/Citibank Client Advisory is out.  We’ve posted about the Client Advisories before (see here and here). 

You can read the whole report here.

Some highlights:

  • demand for legal services is not likely to grow robustly for the foreseeable future
  • to gain greater efficiencies, firms will continue to seek out new business models based on “redesigned work processes, greater emphasis on project management, and new approaches to expense management and professional development”