Innovation at the core of sustainable growth for Australian law firms (Quarterly CommBank Legal Market Pulse)
The Australian CommonwealthBank ("CommBank") regularly publishes the quarterly CommBank Legal Market Pulse (conducted by Beaton Research + Consulting) which provides insights and information on the latest trends and developments impacting the Australian legal industry.
Across the financial year 2014/15, the focus has been on areas illustrating a move towards adopting flexible business and staffing models, the continued move towards legal process and service outsourcing, and the utilisation of technology to improve efficiencies.
In its recent update, the widening gap concerning market perceptions and expectations between top-tier and mid-tier firms becomes evident.
All reports can be found here.