July 02, 2018

SPONSORED CONTENT ● Solo Law Firms Face the Most Competition. Here’s What to Do about It

Thomson Reuters
Thomson Reuters is a sponsor of the ABA Solo, Small Firm and General Practice Division. Neither the ABA nor ABA entities endorse non-ABA products or services. This article should not be construed as an endorsement.

 

According to the latest Thomson Reuters 2017 U.S. State of Small Law Firms report, nearly three-quarters of law firms compete with firms of a similar size, and roughly half said they’re competing with significantly larger firms as well. Then there’s the extra challenge for solo attorneys: Nearly 28 percent viewed DIY providers as competition, as compared to only 3 percent of firms with 11 to 29 attorneys.

 

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