Have you seen the Georgetown Law Center for the Study of the Legal Profession 2013 Report on the State of the Legal Market? If you haven’t, it might be the most important document you and others in your firm read this year.

It will be an “eye opener” for sure. Here is a small sample of what you will read:

The legal market today is an increasingly difficult and challenging environment, one that calls for clear thinking, strategic focus, and flexibility in addressing rapidly changing realities. To an unfortunate extent, however, many lawyers and law firms seem stuck in old models–traditional ways of thinking about law firm economics and structure, legal work processes, talent management, and client relationships–that are no longer well suited to the market environment in which they compete.