What 'new law' looks like: six key characteristics of the legal provider of the future

So-called ‘new law’ providers are proving serious competition to well-established ‘big law’ firms. But what does ‘new law’ look like in practice?

Global general counsel are in search of something new. Frustrated by the limitations of the reportedly inconsistent and fragmented service offered by traditional international law firms, multinational corporations are on the hunt for high-quality advice, delivered seamlessly across borders.

That is what GCs told us when Interlaw embarked on a comprehensive study into the procurement of global legal services. As more alternative providers enter the market, the dominance of big international firms appears to be reducing while clients are becoming increasingly open to new ways of working.