Solos and Small Firms: Thrive in the New Legal Marketplace
If you are a solo or small firm practice, integrating cloud technology, productivity and efficiency techniques and alternative fee arrangements into your practice has become a marketplace imperative. The legal services industry is proliferating with available options for consumers to obtain the level of legal services they need at a price they know and can afford. As your competition for consumer legal services, it is very real, very innovative, and very well-funded. This industry has its eye on your marketplace and is actively nibbling at the edges.
Law Practice Strategy is an information, education and consulting center that explores the evolving law practice environment for solos and small firms, and offers direction on starting or upgrading your law practice by integrating emerging trends:
- virtual law office
- document assembly
- 2.0 technology
- alternative fee arrangements
- legal project management
- content marketing
Solo and small firm lawyers can level the playing field with big law and stay competitive with the legal services industry by expanding the ways in which they deliver legal services to ensure the success and sustainability of their practices. Moreover, there are new opportunities to address the access to justice issue, which grows more pervasive as our middle class disappears. Technology enables lawyers to provide competent representation at an affordable cost without sacrificing their bottom line.
