About
An overview of the historical, economic, and sociological factors that shape the modern legal marketplace. The central focus is the law firm as a business organization. Discussion topics include the economic factors driving the growth of large law firms; law firm "business models" and how incentive structures affect relationships and behavior within the firm; the entrepreneurship and business calculus of the plaintiffs' bar; the trend toward outsourcing legal services to non-U.S. lawyers; the movement toward multidisciplinary professional firms; and the continued economic viability of small law firms and solo practitioners.
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