Legal Profession Undergoing Massive Structural Shift

Commercial Intelligence, Cultural Intelligence
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Law Job Stagnation May Have Started Before the Recession—And It May Be a Sign of Lasting Change

William Henderson and Rachel Zahorsky

ABA Journal, 1 July 2011

EXTRACT:

The golden era is gone, but this is not because the law itself is becoming less relevant. Rather, the sea change reflects an urgent need for better and cheaper legal services that can keep pace with the demands of a rapidly globalizing world. The Great Recession—a catalyst for change—provided an opportunity to re-examine some long-standing assumptions about lawyers and the clients they serve.

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