It’s the widest spectrum of legal needs corporate counsel face in decades. But this is just the start:
- Almost no clients expect a slowdown in legal needs — in fact — most see the opposite
- Few in-house legal departments are hiring in-house staff in a meaningful way
- Outside counsel is headed up for the 4th year in a row
- All this adds up to one thing: increased demand for outside counsel
But take a deeper look:
- New matters, new regulations, regulatory headwinds and employee activism are unrelenting
- False claims are driving regulatory issues and litigation
- Data privacy is wreaking havoc as breaches and ransomware attacks soar — and a higher proportion of these are ending in litigation
- And there are hostile regulators at every turn
The BTI Practice Outlook 2024 is your guide — and the gold standard, as our research has been for 31 years — for laying out the next phase of legal markets. In use by more than 200 law firms, this is the source to map out your business development with precision.
