Law firm leaders need to consider and understand significant events and trends to direct fluidly the firm’s direction and strategy. The authors suggest a four-pronged approach: 1) identify relevant trends (e.g., technology’s impact on the practice of law, competitive threats), 2) discus and evaluate each trend; and 3) determine the potential impact of each trend; and 4) develop your action plans.

Interesting and helpful read of some of the current trends and pressures. Read the article.