The things keeping law firm leaders awake at night in 2022
Byfield asked law firm leaders about the business issues keeping them awake at night in 2022 and which of those was most reputationally sensitive.
The findings underline how the war for talent and cost management issues continue to dominate, while leaders are also concerned about client pressure on fees and cybersecurity threats.
Finding the right line: litigation PR in an evolving ecosystem
The report contains findings from an attitude survey interviewing general counsels, litigation funders, law firm partners, QCs and PR advisors across jurisdictions.
Key findings include:
- ESG is set to dominate future disputes, with the largest percentage of survey respondents noting it as the area of note for future litigations.
- The majority of respondents (61%) consider reputational impact when advising clients in a dispute.
- There is a growing recognition that litigation PR is necessary in a client’s legal strategy in a dispute – 76% of the respondents agree.
- However, PR consultants’ involvement in litigation strategies remains low, with only 8% always involving external PR consultants when advising clients.