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The Law Firm of the Future

Adapting to a Changed Legal Marketplace

John M. Westcott

During the “golden age of law firm growth” from the late 1960s until 2007, most large law firms adopted a default growth strategy, increasing practice areas and offices, aided by the momentum of the tail winds of law firm growth. Since the recession of 2008-2009, however, the legal marketplace has drastically changed. In this timely book, Jay Westcott suggests strategic building blocks that firms can adopt in order to adapt themselves to this radical change and prosper as lasting institutions.
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Chapter 15: Conclusion

John M. Westcott

Extract

A law firm today and in the future must adopt a more focused strategy based on the firm’s evolving strengths. A law firm must be distinctive; in the sophisticated legal marketplace of today and the future, it must rely on its special strengths and present the firm in that way.

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