June 01, 2014

GP MENTOR: The Future Ain’t What It Used to Be

Jim Calloway

The future ain’t what it used to be.

—Yogi Berra

I do not see much of a future (beyond 2020) for most small firms.

—Richard Susskind, Tomorrow’s Lawyers

I’m sure that most new lawyers are tired of hearing about the greater opportunities they would have had if they had started their practices a decade ago. But one cannot ignore facts. The opening of many new U.S. law schools has produced more law graduates taking and passing the bar exams. Technological advances, increased utilization of non-lawyer staff, and changing attitudes of corporate clients have reduced employment opportunities for new lawyers.

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