"Savvy Blawger" Query #3 is now out for the assembled to mull over
with, of course, their cogent responses reported back to you a few
weeks hence. The question for this go-round is:
“What
will the industry structure of the (US-based) legal profession
look like ten years hence?”
Not to be oblique about it, but I’m seeking the collective wisdom
of the Savvy Blawgers on whether the much-bruited consolidation of
the AmLaw 200 is for real, in their opinion, or whether it will run
up against inevitable ceilings such as a fatal overload of "conflicts"
or the inherent difficulty of managing a complex and far-flung enterprise. With
corollary questions such as, are clients or firms driving it, and if
firms, what are they hoping to achieve? Etc.
Jargon note: I’m
using "industry structure" in the economic sense, meaning what is the
makeup, distribution, composition, and market share of the industry
players? The "industrial structure" of the long-haul passenger
jet market is simple: Airbus and Boeing, each at 50% of recent
deliveries. By
contrast, the industrial structure of the artisanal cheese-making industry
is completely atomized.
Readers are more than welcome to weigh in with your thoughts: "Comments"
are open again, thanks to the comment-spam defensive miracle known
as MT-Blacklist (which according to its log has turned away 3,992 would-be
comments since I installed it about two weeks ago).
