The “2017 Report on the State of the Legal Market”: Stagnation, Innovation & What Lies Ahead January 12, 2017.

“Law firms must find ways to effectively adapt to evolving competitive conditions — including the effective demise of the billable hour — or risk further erosion of their market positions. At the same time, the changing market dynamics present opportunities for firms that are willing to challenge conventional thinking, take risks and innovate new approaches to the delivery of legal services. These are among the findings of the “2017 Report on the State of the Legal Market” issued by The Center for the Study of the Legal Profession at Georgetown University Law Center and Thomson Reuters Legal Executive Institute.”