Georgetown University Law Center and Peer Monitor today issued their “2014 Report on the State of the Legal Market.” The report highlights recent trends in the legal market, as well as factors that will likely impact the market in 2014 and beyond. The report warns that unless law firms re-examine their traditional business models and …
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Mark Medice
December podcast: Recent NSA decision, law firm challenges in 2014, and judge Orcus, Lord of the Undead
In the December 2013 edition of the Legal Current podcast, we cover: Legal news: District Court Judge Richard Leon ruled in Klayman v. Obama to require the government to cease telephone metadata collection. Legal trends & insights: Mark Medice, program director for Peer Monitor, talks about some of the challenges facing law firms in the year ahead. News from …
Mark Medice at the Law Firm Leaders Forum in New York
As law firms continue to face a certain level of uncertainty in the market, Mark Medice, program director for Peer Monitor, shared a brief report at the 2013 Law Firm Leaders Forum in New York last week. Medice gave an advance look into the Q3 numbers and discussed the positive trends and growth in demand, …
Efficiency, productivity and profitability: Insights from Vantage 2013
This post was written by Mark Medice, national program director, Peer Monitor I’ve talked with and met a lot of great people here at Vantage 2013. And I keep seeing and hearing one common theme: everyone is looking for ways to manage their firms more efficiently. The reasons are clear. The law firm market has had a …
Peer Monitor Economic Index falls in first quarter
The Peer Monitor Economic Index (PMI), which measures the relative health of the legal marketplace, fell six points in the first quarter to a reading of 50. A PMI of 65 or greater indicates strong law firm market performance. PMI is a composite index of law firm market performance using real-time data drawn from major …
Legal marketplace predictions for 2013: Mark Medice
Through the end of 2012, Legal Current will feature predictions from leaders across the legal business of Thomson Reuters – a short answer to the following question: What do you see as a significant trend for the legal marketplace in 2013? Next up is Mark Medice, senior director of Peer Monitor: “Growth and differentiation is …
Technology making a difference for firms
Firms are still facing challenges in the current economy, but many firms are doing better than others. Mark Medice, program director for Peer Monitor, talks about a session at the ILTA 2012 ac2dc conference where the discussion surrounded economic trends for large law firms and the role technology plays in helping a firm distinguish itself …
Strategies for growth
2012 is shaping up to be a challenging year for firms. Demand growth is sluggish and expenses are rising. Mark Medice, program director for Peer Monitor, talks about a session at the Elite User Conference discussing strategies firms can employ to drive growth in an uncertain economy.
ABA Journal Legal Rebels blog post: “Time to Explore New Approaches for Law Firm Management?”
Program Director of Hildebrandt Institute’s Peer Monitor, Mark Medice, recently contributed a post to the ABA Journal blog, Legal Rebels, highlighting new approaches and trends seen in law firm management. Today, law firms are pressed to find ways to deliver legal services to their clients more efficiently in an effort to better position themselves in a challenging and volatile market …
Perla named Legal Rebel
The ABA Journal recently announced the 2011 Legal Rebels and chose 10 individuals from the legal profession that have, in many ways, changed the rules. One in particular, David Perla, CEO of Pangea3, a Thomson Reuters business and the global leader in legal outsourcing, was selected to the list. You can learn more about Perla by …
