Enter the Disrupters: How New Law Firm Rivals are Disrupting the Market for High-end Legal Services in the U.S.

MBA Research Fellowship paper

The U.S. legal industry, a nearly $300 billion industry and one of the most profitable in the world, is experiencing fundamental change that is accelerating the need for top law firms to innovate. Relatively flat market demand for the corporate legal services of top law firms has many firms focused on “stealing” market share from competitor law firms and trying to move further up market to preserve high profit margins.Read More