KRCL Director Zach Mayer has authored an article for Texas LawBook that examines how this year’s legal trend predictions have panned out so far and what he expects to see in the remainder of 2018. The article, which was published on August 27, 2018, is titled “2018 Trends in Litigation.”
For the past few years, experts have repeatedly predicted that companies would cut their law firm rosters by more than 20%. These experts rationalize that moving more matters to a smaller number of firms will increase efficiency and performance, and motivate those firms to work harder to retain the business. More and more, companies are developing a panel of preferred firms to use as outside counsel for all litigation. Even those without the preferred panel model are slimming the roster of outside firms more informally and sending more cases to fewer firms.
We’ve experienced this directly at our firm. As 2018 has seen a tremendous influx of new firms into the Texas market and the competition for legal business has grown increasingly fierce, our litigation volume has continued to grow. That may be due in part to an overall increase in litigation in general, but it’s also clear that our clients are directing more of their cases to our attorneys than in prior years.