Fragmentation v Consolidation in Indian Law Firms
Competition is the driving force that rules fragmentation and consolidation of law firms in India. Fragmentation and consolidation should ideally perform a three-fold function that mitigates risks in the legal services realm and gives sustainable protection to clients, public interests and law firms themselves. While a fragmented market and a consolidated market may present different […]
Rethinking Document Mills
The recent halt in mortgage foreclosures—sparked by sloppy legal work from high-volume “document mill” firms—could provide a short-term boon for mid-sized law firms. As large financial institutions pivot toward more reliable legal providers, these firms have an opportunity to step in, but only if they balance quality with efficiency. Ultimately, routine high-volume legal work remains a commodity, and long-term profitability will depend on mastering project management and process discipline.