As we’ve observed on this blog, the anticipated “paradigm shift” in legal service is proceeding much slower than most observers expected. It is proceeding and eventually will occur, but it is still moving at a relative snail’s pace.
I have written about some of the factors that slow the pace of progress: the absence of financial incentive for market-leading firms to change; the failure of corporate counsel to push law firms as much as they could; and a regulatory scheme that impedes innovation.
The Efficiency Paradox
Today I write about a more subtle, but potentially more significant, factor which I will call The Efficiency Paradox: Lawyers’ innate aversion to embracing efficiency measures.Read More