(PRWEB UK) 16 November 2012
In “Declining Prospects”, Trotter tells the story of growth and change in the legal services industry in the United States during the last two decades and how they are affecting the major business practice law firms, their clients, their clients’ law departments, and all of the lawyers serving the legal needs of business in America. He explains that the equity partners of the major firms have been extraordinarily compensated over the past 17 years, but the financial prospects of the firms and their lawyers are declining while corporate law departments have become the dominant force in the corporate legal world. “Declining Prospects” explores how greatly increased competition and costs along with the emergence of powerful and capable corporate law departments, the commoditization of many legal services, and the impact of new technology and “New Model” law firms, are now affecting the structure and future of America’s most important law firms.
Alliott Group Member, Taylor English Duma LLP is a full-service law firm built from the ground up to provide high quality legal services for optimal value. The firm was founded in 2005 and its attorneys work each day to provide timely, creative and cost-effective counsel to help clients solve problems and achieve goals. Taylor English represents all types of clients—from Fortune 500 companies to start-ups to individuals. More information can be found on the firm’s website at http://www.taylorenglish.com.
Alliott Group is a worldwide alliance of independent accounting, law and consulting firms. With more than 170 member firms in some 70 countries, the group meets the local and cross-border needs of its members and their clients.