The past year has been one of uncertainty and change, leaving no person or business exempt from the new realities resulting from the global pandemic as well as social and political unrest.
From significant financial pressures to a rapidly changing business landscape and other operational challenges, long-lasting and far-reaching effects have also been felt within all segments of the legal profession.
Despite the disruption, these challenges have accelerated much-needed transformation and innovation throughout the profession as law firms and in-house counsel have had to quickly adopt and adapt to new models of practice. On the billing side, alternative fee arrangements have become more appealing.
