The Four Primary Drivers of Change in the Modern Business of Law
The legal field has seen big changes in the last couple years. Legal professionals are beginning to think differently about the business of law by focusing on new models for driving value, efficiency and effectiveness.
In just two short years, things have changed quicker than ever and on far more sophisticated levels for corporate legal departments and legal operations. The pandemic has definitely accelerated things and these changes were already in progress long before the pandemic began.
Now, you may be asking what are the driving changes in the business of law today? Well, the four primary drivers behind these changes that are reshaping the legal industry are technology, the rise of legal operations, the replacement cost revolution and business model. But, how are they fueling these changes?
Are you interested in learning more about four primary drivers of change in the modern business of law? Read more in this law.com article.