Event: Legal Market Pulse Briefing by The Richmond Legal Business Design Hub 

Date: 15 September 2022

Mode: Online

Costs: Free Registration

The Mid-2022 Legal Market-Pulse Briefing

Join us for an insight-rich dialogue on the current state of the legal market. From law firm business performance metrics to which practice groups are rising or falling to what business clients are demanding from their outside counsel. This is a must for law students as you will explore the business of law and how the legal market works.

Joining us will be Bill Josten of the Thomson Reuters Institute. In his work with the Institute, Bill leads thought leadership creation and curation for law firms and corporate legal departments globally. Bill regularly meets with leaders of law firms and in-house teams around the world to help them navigate the current market dynamics. His presentation and remarks leverage data, insight, and analysis to provide a holistic assessment of the current state of the global legal market. From examining key trends and risks to identifying where opportunity lies moving forward, the presentation brings together a diverse range of perspectives from all areas of the legal market. This includes law firms and legal departments as well as alternative legal service providers and legal tech.

We will also be joined by Brooks Smith the office managing partner for Troutman Pepper’s Richmond office as well as leading lawyer in the firm’s environmental practice. Brooks will share his experience and thoughts on where the current and future legal market is heading in terms of the growing need for more “business-ready” lawyers as well as the need to mature law firm and in-house operational capabilities.

Your host will be Prof. Josh Kubicki from our school’s Legal Innovation & Entrepreneurship program and Legal Business Design Hub.

At-A-Glance: What We Will Likely Discuss
• Current performance metrics on US law firms

  • Hiring trends
  • Financial performance – firms and practice level
  • Law firm investments & spending – major areas
  • In-house counsel trends and changes
  • Deciphering and discussing
  • Accelerated importance of “business of law” capabilities
  • Where “non-legal” talent fits within a successful firm in 2022 and beyond
  • Growth of non-equity partner roles for lawyers – redefining the JD

Register here


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