“…my analysis suggests that law firms in the coming decade and beyond will be driven relentlessly by their clients to reduce their costs. For most firms, despite their current hesitancy, I predict that this will lead eventually to the deployment and execution of alternative sourcing strategies. And, in turn, we will witness the end of leverageat best the pyramid (with partners at the top and less experienced lawyers at the base) will move from being broad-based to narrow-based. No longer will firms aspire to building large teams of junior lawyers as the basis of their profitability. “To survive,” in the memorable words of [economist] Theodore Levitt (in his seminal article Marketing Myopia [in the Harvard Business Review ]), lawyers “will have to plot the obsolescence of what now produces their livelihood.”
Sabrina is the also the solo Editor/Publisher and Founder of LLRX.com® – Legal, technology and knowledge discovery resources on the “moving edge” for Librarians, Lawyers, Researchers, Academic and Public Interest Communities – launched in 1996.