Streamlining and making corporate counsel's lives easier translates into better value.
Unfortunately, clients report a 5% drop in the number of law firms adding value to the client experience. This may be the first sign of legal project management becoming more mainstream. Clients are thinking beyond project tools towards changes in work streams and work processes. The decline in the number of firms recognized for these changes can also be an early indicator of clients increasing their expectations for change at a rate faster than law firms can implement.
Fewer firms delivering this attribute means the law firms making these changes have found a source of potent advantage.
The law firms bucking the overall trend and climbing the Value Driver ranks in the just-released BTI Brand Elite 2015 are:
Best of the Best
Bradley Arant Boult Cummings
Carlton Fields Jorden Burt
Foley & Lardner
Gibson, Dunn & Crutcher
Sheppard Mullin Richter & Hampton
Stoll Keenon Ogden
Valorem Law Group
Learn how to become a value master in 2 steps in the new BTI Brand Elite 2015: Client Perceptions of the Best-Branded Law Firms, available now.