FT Innovative Lawyers Report 2010 – The Collaboration Issue FTIL Europe 10 Nov 2010
The 2010 issue of the FT Innovative Lawyers Report focuses on the theme of collaboration. The credit crisis and recession has had a profound impact on the legal profession. It has changed the way in which clients and lawyers work together, transformed expectations, and accelerated the rise of alternative legal service providers. The model of the premium law firm is under siege, from its pricing to the compact it has with its people and clients.
We believe the forefront of innovation in the legal sector will revolve around new ways of working, and, in particular, new forms of collaboration. The innovative law firms are those who have refreshed their approach to clients, re-evaluated their offerings to their people and re-examined their role in the community.
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