How Law Firms are Like Cab Companies

Another interesting piece at Legal Mosaic about how law firms may be following the same route as cab companies:

“A paradigm shift is occurring. Technology has enabled the creation of new business structures. It has facilitated a decentralized delivery structure, creating communities that connect sellers with buyers…This eliminates centralized institutions that control supply and stifle competition by protectionist self-regulation. It has produced“ faster, cheaper, better” delivery of goods and services available on an as needed basis. Two examples of this phenomenon are the taxicab and legal industries.”

Read: How Law Firms are Like Cab Companies at Legal Mosaic

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