With litigation matters surging and spending flat in 2014, law firms who can pinpoint the areas where clients have the most acute needs will fare better than most. BTI research with nearly 300 corporate counsel shows some of the most acute needs in 2014 will be:
Class Actions and Torts: Manufacturing / Industrial Manufacturing
IP Litigation: Chemicals and High Tech
Securities and Finance Litigation: Banking / Financial Services
Commercial Litigation: Financial Services
Labor and Employment Litigation: Consumer Goods / Retail Trade
Product Liability Litigation: Pharmaceuticals
You will find more success using rifle shots aimed at the best opportunities as a primary go-to-market strategy. The best starting place is your client base. Find the full list of opportunities and more in BTI’s Litigation Outlook 2014: Changes, Trends and Opportunities for Law Firms.