The Legal Industry’s “Kodak Moment” – A Lesson for the Future of Law Firms?
Remember the Kodak Instamatic camera? Long before cellphones and selfies, it seems we all had one. But now they’ve faded away like aged Kodachrome film.
The 2016 State of the Law Firm Market report from Georgetown Law and Peer Monitor provides a snapshot of the legal industry, warning that similar fates could be in store if law firms fail to evolve to meet the rapidly changing demands of clients and the overall marketplace.
David Curle, Thomson Reuters director of strategic competitive intelligence writes on the Legal Executive Institute blog how the comparison is an apt one in many ways.
The 2016 State of the Law Firm Market report can also be downloaded here