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MARKET
TAP INTO THIS KEY SEGMENT OF THE MULTI-BILLION DOLLAR LEGAL MARKET
Gross revenues among more than 30 of the top 100 law firms today are in excess of $500 million each, with the rest of them earning at least $200 million each. Several at the very top have already passed the billion-dollar revenue mark. Besides the top 100 there are some 240,000 mid-to-smaller sized legal firms with gross revenues averaging $6 million each, making this a fast-growing lucrative market.*
This lucrative marketplace is fueled by an ever-expanding and more complex information flow. The business process is faster, more competitive. Clients are savvier. Litigation is more complicated and multi-dimensional. Firms must be more responsive. High tech is in—and with it comes the critical need for the specialized litigation support professional, who knows best how to adapt new technologies into operations and case processes.
Whether in the private or public sector, the litigation support person plays a key role in the efficiency of contemporary law practice. Most attorneys have no time for studious evaluation of the many new products, systems and services being aimed at them today. They need to keep their focus on the law. To know what’s applicable, practical, and valuable, the attorneys rely most often on the analysis and recommendation of their litigation support specialists—the readers of Litigation Support Today.
Sources: Legal Marketing News; other trade publications; U.S. Census data
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