"Legal Services" Are Whatever Buyers Need To Solve Business Challenges - News Summed Up

"Legal Services" Are Whatever Buyers Need To Solve Business Challenges


Why then is there no commonly accepted meaning for “legal services?” One reason is that, until relatively recently, legal services were delivered principally by lawyers working at firms. The transition has debunked two legal myths: (1) lawyers alone are competent to define, engage in, and deliver legal services; and (2) all legal work is bespoke. Now, legal services are whatever buyers need to solve business challenges. Legal buyers want “more with less.” That means legal providers must be proactive, predictive, risk-appropriate, transparent, cost-effective, efficient, collaborative, multidisciplinary, and consumer-centric. These factors explain why a new strain of legal providers is reconfiguring and redefining the Big Law brand of legal services.


Source: Forbes March 03, 2019 21:14 UTC



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