HIGHLIGHTS       FOR MANAGING PARTNERS       FOR MARKETERS       FOR PRACTICE LEADERS       2018 TRENDS

Table of Contents

Executive Summary (Download a complimentary PDF)

Introduction
High Opportunity in a Low Growth Market

Market Trends in 2018
8 Overarching Trends Driving the Future of the Legal Industry:

  • Clients add $3 billion to outside counsel budgets
  • Outside counsel spending is increasing in 15 practices
  • The Health Care industry plans to increase spending in 11 practice areas
  • Pharmaceutical companies plan to increase spending in 10 practices
  • Banking and Financial Services organizations plan to increase spending in 9 practices    
  • IP Litigation, Regulatory, and M&A will enjoy between 5% and 10% growth
  • Clients have shifted their strategies to use outside counsel substantially more than the last 10 years
  • Top legal officers have decided to stop bringing any more work in house

Practice Outlook: Where to Find Growth in 2018
Opportunity Hot Spots in 2018
BTI’s Practice Roadmap 2018

  • Priority Practices
  • Opportunistic Practices
  • Cornerstone Practices
  • Tactical Practices
  • Crossover Practices

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BTI’s Industry Opportunity Matrix
Identifying Hot Spots and Pressure Points in 2018

Practice Spotlights
Market Drivers and Trends by Practice, including:

• Bankruptcy
• Bet-the-Company Litigation
• Class Actions
• Corporate
• Cybersecurity and Data Privacy
• Employment
• Environmental
• Intellectual Property
• Investigations
• IP Litigation
• Litigation
• M&A
• Private Equity
• Real Estate
• Regulatory
• Restructuring
• Securities and Finance
• Tax

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