Viral Change: The Evolution of Law Firms... Full Title: Viral Change: The Evolution of Law Firms in a Post-COVID-19 World Join us as we share a popular session from ALA Today: The Virtual Conference. Observers of the profession have long noticed that law firms talk a lot about change but that most real change only takes place around a major financial downturn. And the COVID-19 pandemic has created a severe financial crisis for many (but not all) segments of the profession. While the pandemic is prompting many firms to make several short-term changes — salary reductions, layoffs, lawyers working in shifts to reduce crowding, even the construction of “sneeze guards” — those may prove to be the easy changes. This program will focus on the mid- and long-term changes we are likely to see impacting law firms — increasing incursion and success of non-law firm competitors, increasing segmentation, less associate leverage, moderation of associate salaries, increased partner capital. Objectives: Recognize how the short-term decisions made as a result of COVID-19 are going to affect the mid- and long-term decisions. Predict the mid- and long-term changes that are likely to impact the legal profession. Explain why these trends will accelerate now and how law firms can adapt to them. Identify the client priorities that are motivating these trends. Other Information: Length: 60 Minutes Audience Level: Intermediate Educational Category: Legal Industry/Business Management CLM® App Management Category for Functional Specialists: Legal Industry/Business Management CLM® Recertification Eligible: Yes CLE: Participatory Credit CPE Field of Study: Business Management & Organization CPE Credit Eligible: 1 CPE Prerequisites: None CPE Advanced Preparation: None (Date of webinar: 10/21/2020) Discounted member price: 29.00 Your price: 79.00 You could save: 63.3% Quantity: Proceed to Checkout Knowledge is an investment in yourself, thank you for learning with us!