Financial Times LondonArt Direction: Alan Knox
Cover and spot illos for Financial Times London Innovative lawyers Report. This issue discuss the current momentum in the law industry, and how they are using innovative thinking to improve the industry for the future. ”Law firms have been diversifying for the past decade into related business lines such as consulting or managed legal services. Most of the top 20 law firms in the FT 50 offer some form of managed legal services — essentially lower-priced legal services for big, document-heavy projects. Yet few market this as a business in its own right. “We call ourselves a legal business rather than a law firm,” says Andrew Leaitherland, DWF managing partner and chief executive. His main reasons for floating include employee engagement through broader equity participation and raising capital to invest in technology. Most of the FT 50 law firms are tech-savvy, but DWF’s IPO has the potential to show how serious investment in technology could transform the provision of legal services."
November 2018