Jomati is publishing a series of in-depth reports on key legal issues.
All reports are carefully researched and are full of statistical data. They are also backed up by numerous off-the-record interviews with leading lawyers and general counsel.

Please contact tony.williams@jomati.com if you would like any of the following reports:

January 2012 - ‘After the Golden Age: The New Legal Era’.

This report examines how the legal sector has now left behind a relatively benign period of rapid profit growth that had lasted since the mid-1980s and ended in 2008. The report concludes the legal market has now entered a new era marked by growing pressures on costs and push-back from clients on fees and how legal work may be produced. Areas that are considered include: how these tougher conditions will lead to greater competition leading to both consolidation and more firms falling behind their peers; how pricing pressures will create a new dynamic between law firms and clients with the need to unbundle process work and produce it in a new way becoming paramount; how alternative means of production will challenge the traditional law firm model; and how globalisation can act as an antidote to the commoditisation of process work.

September 2011 - 'New Frontiers: Law Firms in 2020.' Part Three

This report examines how the financial sector will evolve over the next ten years, affecting clients and law firms alike. In particular the report looks at the position of the world’s banks and considers how they will grow in the future, especially given the low growth environment in the West and continued growth of developing economies. The report also examines: the merger of exchanges; the challenges faced by private equity and the hedge fund industry; as well as the importance of Sovereign Wealth Funds. The report also considers new forms of finance such as Sharia finance and the role of Micro Finance. It concludes with a long term outlook, taking into account possible future changes to the world’s reserve currencies. In each case the report seeks to show how these changes will affect law firms and their clients.

May 2011 - 'New Frontiers: Law Firms in 2020.' Part Two

This report considers the impact of changes in global demand for energy, resources, transport and infrastructure over the next ten years on clients and their law firms. Issues examined include: whether we really are facing a ‘Green’ energy future or not; the rise of electric vehicles; the long term relevance to law firms of growing demand for natural resources – including water resources; and how a global economy will demand a far greater global transport infrastructure. The report also examines the role of technological innovation in generating economic growth and the central importance of Intellectual Property to the world. It concludes with a strategic guide to the best ways to build capability in the practice areas of the future.

January 2011 - 'New Frontiers: Law Firms in 2020.' Part One

This report examines the real world changes law firms and their clients will experience over the next decade. The report comes in two parts. Part One focuses on macro-economic, corporate, demographic, regulatory and structural change. The report seeks to show how future change will impact clients and in turn affect lawyers - especially those working at a global level. Part Two of this report will cover technological, environmental and cultural issues influencing law firms and their clients, and will be published later this year.

September 2010 - ‘Challenges and Choices: The Bar in Flux’

This report examines the radical changes the UK Bar is undergoing, including the opportunity to adopt new business models and structures. The report also examines how chambers can respond to the overhaul of Legal Aid, the increase in competition for advocacy work from solicitors and the changing demographics of the profession.

June 2010 – ‘Evolution or Revolution? The New Lawyer-Client Relationship’

This report considers whether the legal market is truly facing a revolution in how clients relate to law firms. Issues such as fixed fees, value over cost, the growing role of the general counsel and changes to the production of legal work through the better use of IT and outsourcing. The report also considers how these issues will lead to new law firm models and structures.

March 2010 – ‘The Next Wave: Globalisation after the Crisis’

This report examines how the globalisation of clients is leading inexorably to the creation of a far larger number of global law firms than ever before. It studies in detail what is driving firms to expand abroad, whether by merger or green field operations and what are the best ways to do this. The report also considers in detail the key legal markets, country by country, that firms may want to expand into in order to better serve their clients.