Law Firm “Hunger Games” Scenario Predicted For 2018

Slow growth and intense competition for both talent and clients is in the cards, according to an article in Crain’s Chicago Business. Citing a research report from Citi Private Bank and Hildebrandt Consulting, the article predicts a “Hunger Games” scenario for law firms in 2018, with a hyper-competitive environment that will translate into some stark trends: “more law firm mergers, more pressure from clients, shrinking headcounts and more attention – and dollars – for cybersecurity.”