Legal Services
Changes in the legal services market, including increased competition from new suppliers, the development of alternative business structures, and likely consolidation of the sector, have created a demand from forward thinking law firms for market research and consultancy services.
Utilising its wealth of experience in the professional services sector, IRN Research can offer a range of bespoke research services to law firms including client satisfaction surveys, competitor analysis, market surveys, and strategic reports.
IRN Research is offering these services in association with The Fedora Consultancy, a specialist marketing consultancy serving the legal services market.
IRN Research is a member of Core Legal - the one-stop services for lawyers, from a superb coalition of suppliers- Find out more at www.corelegal.net
As well as bespoke services, IRN is also publishing a series of reports on the sector including a series of reports on the use of legal services.
Reports
Executive Summaries
Legal Services and the Generation Y Consumer
This report is based on a survey, undertaken in March/April 2007, commissioned by Central Law Training (CLT) to coincide with its Planning Your Firm’s Future series of regional events in May/June 2007.
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UK Legal Services Market - Brief 1
This free brief looks at the changes to business structures and business models taking place in the UK legal services market. Some of these, like Legal Disciplinary Practices (LDPs), are a direct provision of the Legal Services Act 2007 which came into force in October 2008.
The brief is a forerunner to IRN´s UK Legal Services Market report to be published in 2010.
Consumer Perceptions of the Home Buying Process
This report is based on Central Law Training's commission of IRN to undertake a survey of consumer perceptions of the home buying/selling process, and their understanding of, and satisfaction with, the professionals and services involved in the process.
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UK Legal Services Market - Brief 2
This Legal Briefing from IRN Research looks at some of the opportunities that mid-tier and smaller law firms could consider as the new liberalised legal services market gathers pace in the UK.
Much of the coverage regarding the market changes taking place has focused on the threat to smaller law firms with some grim predictions of thousands of law firms disappearing. But it is not all bad news and many firms will utilise their specialist knowledge and experience, and involvement in niche practice areas to survive and prosper. There are also many initiatives that can be considered by other firms to stay competitive including local mergers, development of one-stop shops with other professional services providers, shared outsourcing of key services, virtual law firms, more online legal services, national/regional legal networks, and innovative local marketing and advertising.
UK Legal Services Market 2010
The UK legal services market is embarking on a period of rapid change driven by factors such as market liberalisation, new business structures and models, technological developments, and an increasingly sophisticated and discerning customer base. UK Legal Services Market 2010 provides an independent analysis of the UK legal market and trends.
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UK Legal Services Market - Brief 3
The 3rd edition of IRN’s UK Legal Services Market report will be published at the end of 2011. In the meantime, here is an update on current market trends and some of the changes about to take place.
These changes are led by the arrival of Alternative Business Structures (ABSs) and the introduction of Outcome Focused Regulation (OFR). Links to recent reports and articles provide further information.