Table of Contents

Executive Summary (Download a complimentary PDF)

High Opportunity in a Low Growth Market

Market Trends in 2019
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 2019
Opportunity Hot Spots in 2019
BTI’s Practice Roadmap 2019

  • 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 2019

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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