Policy, tech changes mean more hours in 2018
Kentucky firms expect clients to seek legal advice on taxes, cybersecurity, compliance and strong business growth
Kentucky law firms see growth opportunity in every direction. Federal tax reform and economic growth should increase demand for legal services in most practice areas, even in healthcare where the mandate to have insurance coverage was eliminated. Technological change is shifting the operational landscape in every business sector, too, changing the competitive and regulatory landscape, and in turn creating the potential and need to do more deals of every kind. And that is on top of an increasing demand for services created by a growing economy, within the state, across the nation and internationally. Regulatory change out on the commercial playing field and in the office also means more demand for legal service. Firms themselves are having to make special efforts to keep pace with technology’s impact on their own operations. 2018 looks like a busy year for the commonwealth’s legal community.
To read the full article, click here.