Premium Practices Archives - The BTI Consulting Group

Where to Find Your Best Opportunities for Business in 2016

The legal market may be flat-lining in terms of growth, but under the surface is a dynamic, fast-changing environment. The hot industries and practice areas from last year have disappeared. In their place are new opportunities for growth. Only the law firms able to bring a quick and flexible approach…

Michael RynowecerNovember 11, 2015

The Mad Clientist

To Boldly Grow Where No Legal Market Has Grown Before

You can find opportunity in every market—up, down or flat—the only question is which of the many strategies will work. The legal market has reached the point where each market opportunity demands a different strategy. BTI’s new research, based on 330 interviews with corporate counsel, reveals corporate counsel have hit…

Michael RynowecerOctober 29, 2014

The Mad Clientist

US Legal Spending Soars: Growth at 7%

US spending by global companies is soaring—and 75% of their US law firm hires are outside the Am Law 50. Global company spending now accounts for 40% of US corporate legal spending, up from 30% in 2010. We find global companies are more active in developing markets, building sales channels,…

Michael RynowecerOctober 3, 2013

The Mad Clientist

In the War Room

Under the streets of London, a veritable maze of closed-door rooms became the hub of Britain’s military planning during World War II. While the earth shook above them, Churchill’s top officials waged war, gathering intelligence and clandestinely directing thousands of tactical maneuvers. The war room buzzed. Similarly, behind closed doors…

Michael RynowecerNovember 20, 2012

The Mad Clientist

Litigation Got You Down?

If the tug-of-war of litigation is getting you down, you’re not alone. This year, spending cuts, fee caps, resolution mandates and other aggressive tactics are bringing down not just litigation dollars, but the entire legal market. With a projected growth rate of -1.6% (yes, that is negative), the market for…

Michael RynowecerOctober 25, 2011

The Mad Clientist

Leap. Duck. Swerve.

Many of us spend our Sunday afternoons at this time of year marveling at the deft tactical maneuvers and well-timed evasions of our favorite receivers and running backs. Running head on into a fray of beefy opponents intent on squashing any efforts at forward progress, these players display agility and…

Michael RynowecerOctober 18, 2011

The Mad Clientist

Gateway Practices Promise Premium Rates for 2011 – and More

Gateway Practices are a law firm’s exclusive invitation into an elite club. They not only provide intimate insights into a client’s most sensitive, high-value needs, but also offer priority access to new business opportunities in other areas (such as high-rate, high-growth opportunities). BTI Premium Practices Forecast 2011, based on input…

Michael RynowecerJanuary 12, 2011

The Mad Clientist

Law Firm Leaders Turn Optimistic – Expectations Climb

BTI’s Law Firm Leader Confidence Index rose to 52.85 in third-quarter 2010 – a decidedly positive change from the previous quarter’s rating of 45.83. The most notable change between second- and third-quarter is the...

Michael RynowecerDecember 10, 2010

The Mad Clientist

Client Spending to Grow 1.2% in 2011 – New BTI Research

All signs point to stabilization of the legal market. After some disappointing setbacks, the legal market is poised to grow in 2011. This directional shift joins anticipated spending increases in such strongholds as...

Michael RynowecerNovember 4, 2010

The Mad Clientist

A Whac-A-Mole Market?

Practice area trends of 2010 and 2011 have been anything but expected. Contrary to historical ebbs and flows, such as litigation spikes in downturns, today’s legal market is bucking the trend. In everything from corporate work to bet-the-company litigation, periods of growth and decline are sporadic, short-lived and, at times,…

Michael RynowecerOctober 12, 2010