economics
The Rise of Third Party Litigation Funding – Part 3
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| Image [cc] pzed |
In the prior segments of this series, we described litigation funding and looked at its impact on clients and firms. In this final segment, we look at the size of the market, explore some ethical pitfalls and finally, attempt to predict the future.
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The Rise of Third Party Litigation Funding – Part 2
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| Image [cc] Images of Money |
In Part 1 of this series we looked at what litigation funding is and why clients might really like it. In Part 2, we examine the source of this funding and how it might impact law firms.
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The Rise of Third Party Litigation Funding – Part 1
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| Image [cc] Flood |
This three part series will examine the emerging trend for third party litigation funding. In this first segment, we describe what it is and why clients will find it interesting.
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Staying Relevant – Part 8: How Can We Change This?
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| image [cc] Mike Licht |
In Part 7 of the series we noted the backward looking nature of the legal profession and how that handicaps lawyers needing to embrace change. In this final segment of the series, a bit of hope is brought to the table in the form of bars.
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Staying Relevant – Part 7: Looking Backwards
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| image [cc] Flicker Clicker |
Part 6 of this series demonstrated how the pressures for change are being felt by all corners of the legal market.
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Staying Relevant – Part 6: It’s Not Just Lawyers
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| image [cc] WilWheaton |
In Part 5 of this series we talked about next-generation technologies that have the potential for real change, but mean computers will replace lawyers.
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Staying Relevant – Part 5: The Real Scary Technology
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| image [cc] tsukubajin |
In Part 4 of this series we discussed why firms avoid next generation technology and why that needs to change.
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Staying Relevant – Part 4: Technology and the Bottom-line
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| Image [cc] Truthout.org |
In Part 3 of this series we talked about new competitors to law firms and some basic economics of law firms to get deeper in to the intense pressures on firms. Here we peeled back the layers of change driven from new technologies.
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Staying Relevant – Part 3: Competition Takes Many Forms
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| Image [cc] marcokalmann |
In Part 2 of this series we covered the beginnings of major change in the legal market along with the initial responses from firms and lawyers.
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