In a recent quick poll on Martindale-Hubbell Connected we asked the following question:
Do virtual firms pose a serious threat to the large law firm business model?
And here are the results:
At first it looked like respondents were going to vote the other way (last week a majority of voters were holding that VLOs did threaten the large law firm business model). As we head into week two of our Virtual Law Firm event the pendulum has swung the other way. In a recent interview with Carolyn Elefant of MyShingle.com, she said that virtual firms definitely pose a threat to big firms. What do you think?