The LexisNexis Bellwether reports explore the issues facing the legal market, by conducting ground-breaking market research in order to offer insights and guidance, and contribute to the discourse on the future of independent law firms.
Responding to a new era of change
Exploring the issues facing independent law firms following the COVID鈥�19 pandemic.
Independent law firms have largely survived COVID. By comparing attitudes and issues from the beginning of the pandemic to today, it is clear the journey ahead will not be easy.
Our 2020 Bellwether report focuses on the commercial, operational and human impact of COVID-19. We share the findings of the first comprehensive survey of the legal profession since the start of the crisis.
According to market commentators, there are numerous challenges facing independent law firms today. But how are solicitors themselves coping?
With efficient working processes and better holistic practices in the workplace, is the future of the legal market going to be in small law firms?
Are the human, legal, and business skills solicitors recognised as the most important ones, in fact, the most lacking in the profession?
With so little known about the impact of Brexit, it鈥檚 understandable that independent law firms are hesitant about moving forward. But is the absence of contingency plans the best way to protect themselves and their future?
While many simply consider stress to be part of their job description, over three-quarters of the solicitors we spoke with think that stress and mental wellbeing are significant issues for the industry at the moment.
Are the imminent changes to the way solicitors are regulated, a risk or an opportunity to the legal profession?
The signs that the legal industry is on the cusp of major change are everywhere: client power is reverberating through the profession.
We wanted to take the temperature of the legal industry at this pivotal moment 鈥� to find out how independent law firms were performing during this time of change, the issues of the day, what works, what doesn鈥檛.
We know that fees are an important element of a lawyer-client relationship, but what kind of pricing models are currently dominating the market in today鈥檚 rapidly-changing legal landscape?
In today鈥檚 rapidly changing legal landscape there are unprecedented opportunities to streamline working practices and satisfy an increasingly tech-savvy and informed client-base... But will law firms answer the call to adapt and evolve, or get left behind?
Today鈥檚 independent law firms are stealing a larger share of the market by putting quality before quantity. What is driving their success 鈥� and why are they confident about their future?
As the world shifts and the rules change, we explore the differing - and often conflicting - perceptions of independent lawyers.
The balance of power in the client/lawyer relationship is shifting: we explore how independent law firms and sole practitioners are responding to a new breed of client.
The legal landscape is evolving: uncovering the expectations, opportunities and emerging entrepreneurial spirit of independent lawyers and sole practitioners on the front line.
The legal landscape has changed: uncovering the concerns and expectations of independent lawyers and sole practitioners on the front line.