The future of law firms is a technology question, and a capital challenge

September 29, 2026

Evan Meyerson

Summary

AI is reshaping how legal work is delivered and priced, putting pressure on the traditional law firm model—and making investment in technology, talent and infrastructure increasingly important.

Global law firms recently posted record-breaking financial performance. According to research from Thomson Reuters, the average law firm grew profits 13% in 2025, demand rose at its fastest pace since the global financial crisis and worked rates climbed 7.3%, a …

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The future of law firms is a technology question, and a capital challenge

Summary

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