Times are changing and so are our traditional approaches.
Who else is guilty of googling the answer to something when you’re unsure of something? I most definitely am. So, it’s no surprise that changes are happening regarding transparency and predictability on fees and timelines. Everyone is working on a tight budget and therefore it’s very easy to search for cheaper competitors who charge fixed fees or promise shorter timelines.
Transparency is key. Also, because of tight budgets and a competitive market, a lot of companies aren’t just looking for excellent legal professionals, they are also looking for great business people. Individuals who have a brilliant commercial awareness and are proactive securing new business, rather than acting on an issue when it first arises.
The combination of commercial awareness in a tough market, and new technologies, of course mean that industries are moving along with the times. How else is this evolving?
Read below for the full article.
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