Clients are ramping up spending on outside counsel for litigation. They are tackling the backlog and the new matters. As they face new caseloads and new spending they have new expectations of law firms. They are reevaluating their options for law firms based on:
- Client service
- Current experience
- Responsiveness during the pandemic
- Prior performance
- Level of aggressiveness
- Investment in the relationship
- Understanding the business risk
Clients are clear as to which firms surfaced to the top — and identify the firms best suited to meet their most pressing litigation needs in 7 key areas.
Congratulations to these firms for this impressive performance — singled out by clients with no prompts or suggested names.
Class Actions: The Powerhouse and Leader Firms
Spending continues to head up even as the number of companies facing class actions drops a bit. Clients want law firms who know how to manage an aggressive plaintiff while still having a settlement strategy in mind — and can handle multiple cases.
Complex Commercial Litigation: The Powerhouse and Leader Firms
The commercial litigation growth rate is increasing as the economy is more stable — providing the stronger backdrop to make claims than last year. Clients look to law firms for help in planning, budgeting and providing the information to brief their management.
Cybersecurity/Data Privacy Litigation: The Powerhouse and Leader Firms
Cybersecurity/Data Privacy continues rapid growth. Clients are looking for law firms who bring actual experience defending clients and can educate clients and potential clients.
Complex Employment Litigation: The Powerhouse and Leader Firms
Spending continues up. Clients continue to brace for a wide of swath of litigation both pandemic-related and not. Law firms who share experiences from other clients, new ideas, checklists, and easily accessed educational resources are poised to be in front of the demand curve.
IP Litigation: The Powerhouse and Leader Firms
Growth returns to IP Litigation. Clients want law firms who are relentless and comfortable being aggressive.
Product Liability Litigation: The Powerhouse and Leader Firms
Spending is down. Clients are looking for law firms with litigation processes for handling smaller matters and strategies for big ones.
Securities and Finance Litigation: The Powerhouse and Leader Firms
The explosion in Special Purpose Acquisition Corporations (SPACs) combined with IPOs and public companies with big earnings disappointments see big increases in this space.
Learn exactly when, where, and how you can immediately gain new business from one of the best litigation opportunities to come along in years.
Clients have brand new budget plans. They are changing how they manage litigation and who they want to help them — driven as much by new spending plans as changes in their caseload.
You can learn exactly what these clients want in this report — by practice and industry — to go win the work. Join the more than 150 law firms using BTI Litigation Outlook 2022: Post-Pandemic and Beyond to their immediate advantage, available now.
