This is a fantastic article. The sharing economy can and has been be applied to the legal profession. The market is changing, ‘market disrupters’ are changing the face of the profession and questioning the traditional model.

Innovative GCs and lawyers – the supply and demand within our industry – are demanding and driving change. The traditional partnership model is becoming outdated  and innovative and progressive leaders are looking for alternative structures to add to the mix.

For GCs it has to be about efficiency, effectiveness and value add. For lawyers it is about doing what you enjoy but also retaining balance. The traditional partnership model with a focus on billing and revenue targets is becoming harder to sustain.

Whether it is a sharing economy or another, it’s clear we need a different model in the legal industry…