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Future forecast: Why law firms should pay attention to futurology

Futurology can help you to prepare your firm for changes to client needs, demand for legal services and access ?to key resources, says Mark Dembovsky

2 August 2013

The chancellor of the exchequer, George Osborne, says that Britain’s economy is out of intensive care and on the road to recovery. Is this merely further political hype or are we really headed toward the much-dreamed-about turnaround? And, are our businesses ready for this brave new world?

What have we learned since the collapse of Lehman Brothers? Which of us has used the recession to question past poor practices, plan for the future and respond to the complex challenges of shifting client and global demand patterns?

Many firms have merely ridden the stormy waters – they may have done well enough to keep afloat until now, but they have not challenged enough practices and behaviours to effect a real change in the way they operate to make them strong and fit enough for the future.

Forecasting issues

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