The State of the Profession
ISBA members believe the greatest threat to the legal profession is competition from nonlawyer legal services. But when asked to identify the biggest threat to their own practice, members said the unwillingness or inability of clients to pay. The two assertions are arguably correlated: Clients who struggle to pay may look for cheaper alternatives next time. The findings are among many thought-provoking results from the 2019 Economic, Marketing, and Business Health Survey conducted this spring by Readex Research on behalf of the ISBA’s Standing Committee on the Future of Legal Services. The purpose of the survey is to “better understand the current economic climate [and] marketing and business practices among ISBA members … in private practice.” More than 800 private-practicing members completed the survey, which is summarized in October’s Illinois Bar Journal.
Read more in the October Illinois Bar Journal.