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ARTICLE · 02 MAY 2020

Law Firms' Parallel Phases During The Coronavirus

Will the COVID-19 crisis be the catalyst required for meaningful change in the legal industry?

CanadaLaw Practice Management

You never let a serious crisis go to waste. And what I mean by that it's an opportunity to do things you think you could not do before.

Will the COVID-19 crisis be the catalyst required for meaningful change in the legal industry? Will law firms transition through the four phases of the pandemic and go through a fundamental transformation, or will they revert to their old ways once we are over the peak of the curve?

As any skilled leader knows, you never waste a crisis. Now is the time to adapt and make the necessary changes to an outdated business model. The transition should be from one that is mainly law–firm centric to a more client–centric model. The winners in the post–COVID-19 economy will be those who see the crisis as an opportunity for systematic change.

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