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The State of the Legal Industry in 2023

Monday, September 04, 2023 6:30 AM | Anonymous

Axiom - Higher Standards Welcome

If 2022 could be summed up in just one simple word, it would be “uncertainty.” Savvy GCs learned through the two years leading up to 2022 that pivoting budgets and business strategies toward a more flexible and fluid spending approach was the best way to proactively prepare for uncertainty. They navigated the transition into the post-Covid world through a Great Recession, the Great Resignation, then toward record inflation, only to end the year with a looming potential recession. The legal field was challenged; however, it also adapted, innovated, and endured. Here we explore the major themes we saw most legal leaders at both SMB and enterprise businesses face, and how they overcame their challenges.

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