It is the best of times, it is the worst of times. In a world where the only thing that doesn't change is change itself, opportunities and risks are too obvious to ignore, and the legal market is no exception. As a nearly $300 billion industry and one of the most profitable in the world, the U.S. legal industry is under fundamental transformation. Whether in-house counsel or law firms, only those with far-ranging sights, clear thoughts and quick action can survive and thrive.
The largest investment opportunity in history?
We talk to Jason Parkman, CEO of leading US lawtech company Mitratech, about industry challenges, the role of its investors, and how the company balances innovation and reliability for a client base that includes 40% of all Fortune 500 companies.
It's no surprise that in the litigation-friendly USA, third-party funding of disputes is increasingly common. As more and more players of different kinds enter the market, we take stock and look ahead at the shape of things to come in American litiga...
The Chicago-headquartered firm welcomes three lawyers to its New York and D.C. offices.
The Chicago-headquartered firm attracts 20 lawyers to its L.A. office.