A distinguished panel of legal industry experts authored a report expounding upon the results of Legal Decoder’s recent survey on the disruption currently rippling throughout the legal industry. The authors prepared this report on a pro bono basis and it is available free of charge. The industry-wide survey elicited information that will help legal industry constituents recover from crisis mode as fast as possible once the dust begins to settle. Hundreds of experienced professionals from all sectors of the legal industry participated in Legal Decoder’s survey and shared their views on short-term and longer-term forecasts for the legal industry; increases/decreases in volume of work by practice area; and strategic priorities for legal industry organizations. In the report, Ms. Corey, Ms. Krow, Prof. Rapoport, and Mr. Tiano have highlighted how the survey results can inform decision-making and facilitate transparency throughout the entire legal industry. Armed with empirical data, this report provides keen insights that should afford readers meaningful perspective as we all navigate a path forward for our businesses and our law firms and has been geared towards all legal constituents whether at law firms, in-house legal departments, legal industry vendors, academics, law students, and regulators and judges alike.
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