Privacy and Compliance Services: Why the Market Is Rumbling Against the Big Four
With the advent of stringent privacy regulations in Europe and the United States, corporations are spending more time and money scrambling to ensure their privacy and compliance processes are able to withstand these high levels of scrutiny. At the same time, competition to provide these services is heating up as the Big Four professional services firms plant their stakes more broadly in this fertile ground.
We Need a Legal Revolution, Not Reformation
There is an obvious cry from society to reform the law firm business model. Kill the billable hour. Give power to the consumer. Focus on diversity and inclusion. Create a more humane culture. These are all good ideas, but they are not revolutionary – or easily measured. How can we create an economic model that increases the measurable value of the financial, human, and social capital components of the entire legal supply chain?
COVID-19 Has Brought Unprecedented Upheaval to eDiscovery Industry
The economic and court-related slowdowns brought on by the coronavirus pandemic have led to eDiscovery workforce cuts, business operations changes, and more. But some changes brought by the shift to remote work have had unintended benefits.