Growth was the main theme of the law industry in 2019. In several ways, it has managed to reinvent itself for the betterment of potential clients. A good way to stay on top of this growth is by visiting lawmanaging and seeing the latest news. For a quick summary of how the industry changed in 2019, check below.
Digital Became Mainstream Instead Of A Trend
It was only a matter of time before the digital world got its hands-on legal services. The choices are varied, and it is nowhere near its limit of being congested. The explosion of digital services and data provided for law is incredible. Unfortunately, not all firms have taken advantage of this change. It introduces higher workloads without a huge change in the pay provided. Outsourcing is common, but the most successful law firms have fully embraced digital growth at the local level. By choosing to be a pioneer, a lot of lesser known brands have gained notoriety.
Client Expectations Grew
The demand for higher value legal consultation did not come with a bump up in pay. The industry as a whole did not have a setback financially, but the amount of money that was tied to value increased. That means branding and marketing were an important part of any 2019 push to get and retain clients. New company expectations took center stage, but not every company was able to keep up the pace. The legal industry has always been a sink or swim business. In the current year, low quality legal counsel has struggled more than in past years. That is a trend that will continue moving forward into the new year.
Remote And Virtual Options Gained A Significant Share
Potential employees had a lot more job offerings thanks to remote and virtual job positions. These new employees let law firms hire experienced workers without the overhead of a major training program. By expanding the hiring process to a larger area, they gained significant resources for current and long-term projects. This is probably one of the most productive elements of the legal industry in 2019 since it opened the door for a lot of people. Remote and virtual covers temporary or permanent positions across the globe.
Cyber Security Issues Became A Concern
The growth on the digital side also came with concerns about security. One of the biggest targets for cyber attacks are law firms. Targeting law firms has seen significant action since 2016, which is also when most of the digital growth began to show promise. client data, money, and regular ransom attacks are the reason countermeasures were put in place. Now, most law firms are prepared and protected from the most dangerous digital threats. Without the element of surprise, a lot of potential cyber attacks have been nullified against the legal industry.
Growth is a good thing for law and the people involved with it. There is always a better way to do things when money is involved. The law isn’t this slow-moving behemoth people make it out to be. The changes discussed are only a small part of how law became more people-focused.