- Australasian Legal Industry Research
- Knowledge Bank
The global legal industry is undergoing irreversible transformation - driven by a range of factors including customer demands for better value, a highly competitive market, rapidly evolving technology and changes to the way we work and live. Each year, as part of our preparations for the ALPMA Summit, ALPMA undertakes research that tracks how law firms are adjusting their strategies and business models to adapt to this changing legal landscape in collaboration with our Principal Summit Partner.
2019 Research: "Move Forward with Confidence: Your Roadmap to Transformation"
“Move Forward with Confidence: Your Roadmap to Transformation”
The 2019 ALPMA and GlobalX Summit Research project involved surveying Australasian law firms to explore how firms are adapting to rapid change in the legal industry and establish a benchmark for firms who are potentially falling behind in future-proofing their firm.
It is undeniable that the legal industry is rapidly transforming to respond to the challenges of digitisation, competitive markets and regulatory scrutiny. But how prepared are Australasian law firms for this transformation? How can the industry move forward with confidence?
These questions have brought together two industry leaders: the Australasian Legal Practice Management Association (ALPMA) and GlobalX. This partnership has delved deep into this topic to gain important insights through an Australasia-wide research project involving hundreds of firms.
The 2019 ALPMA Summit was designed to help provide Australasian law firms with a roadmap to transformation so they can move forward into the future with confidenc.
Here's a preview of the key findings:
2018 Research: "Shaping the firm of the future"
The 2018 ALPMA GlobalX research project poses this question to Australasian law firms:
“Are you ready for the future?”
New technologies, systems and shifts in culture are pushing law firms and the legal industry to quickly adapt. But how agile are our businesses – and how prepared are we for these changes?
The 2018 ALPMA Summit was designed to help Australasian law firms and departments future-proof their business.
Here's a preview of the key findings:
2017 Research: "21st Century Thinking at Australasian Law Firms"
This year, ALPMA and Infotrack collaborated on research to understand:
- How Australasian law firms support the key 21st century learning skills of Collaboration, Creativity, Critical-thinking and Communication
- What actions firms have taken to improve their skills in these areas over last 12 months
- How effective these efforts have been in achieving desired outcomes.
Read the preliminary results media release
2016 Research: "A Blueprint for Change: How Law Firms are Adapting to the Changing Legal Landscape"
In 2016, ALPMA and InfoTrack collaborated on ground-breaking research to investigate:
- How Australasian law firms are supporting innovation and change at their firms
- The people, process and technology initiatives law firms are implementing in order to adapt to the changing environment.
The research results provide your firm with compelling insight into how firm's are driving innovation and responding to the changing legal landscape and the people, process and technology initiatives that Australasian firms are investing in to ensure they remain competitive.
163 law firms from across the region participated in this research, conducted in July 2016, and the results make fascinating reading. A key finding was a real disconnect between how innovative firms think they are and what they are actually doing in terms of investment in strategic initiatives.
2015 Research: "Preparing Australasian Law for a Digital, Divergent, Differentiated Future"
The 2015 ALPMA/LexisNexis research investigated what changes (if any) Australasian law firms plan to make over the next three years to: the markets they serve; their resourcing mix; marketing and business development strategies; internal systems and processes; legal services delivery model and strategic relationships - in order to position themselves for a successful future.
A broad range of law firms (147) from across Australia and New Zealand participated in the research conducted in July 2015, sharing their plans for the markets they serve, their resourcing mix, marketing and business development strategies, internal systems and processes, legal services delivery model and strategic relationships over the next three years.
According to the results, Australasian law firms are planning a multi-pronged attack to ensure they are ready for a digital, divergent and differentiated future – but many have a long way to go. The research, launched at the 2015 ALPMA Summit, details the eight key strategies Australasian firms are adopting in order to respond to the changing legal landscape and position their firms for future success.
The research results will provide your firm with greater insight into exactly what Australasian firms are doing to respond to the changing legal landscape - and help you develop and refine your firm's business strategy.
2014 Research: "The Impact of the Changing Legal Landscape on Australasian Law Firms"
The results from the 2014 ALPMA/LexisNewis research "The Impact of the Changing Legal Landscape on Australasian Law Firms" were presented by LexisNexis at the opening session of the ALPMA Summit on Thursday 28 August at the Melbourne Crown Convention Centre.
- Read the media release "Customer Demands for Better Value Driving Slow Change at Law Firms" for a summary of the key results.
- Check out the Research Summary Infographic