The Downfall of Traditional Law Firms: The Struggle in Finding Good Legal Advice

New research conducted by global elite network Interlaw, reveals the challenges GCs face in finding consistently high quality legal advice in all of the jurisdictions in which they operate. A detailed analysis of the global footprint of major international firms revealed a significant bias towards Europe and the USA, with gaps in other key trading areas around the world. The research, which surveyed more than 100 general counsels and senior lawyers at 55 independent law firms across 41 countries, revealed what today’s global client is seeking from its legal provider.  The findings also showed that the traditional law firm model is being challenged by alternative providers, with GCs havin...

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