January 12, 2021 Law Firms May Be at a “Tipping Point”: 2021 Report on the State of the Legal Market from Georgetown Law and Thomson Reuters Institute Pandemic-related effects may lead to permanent changes in law firm operations MINNEAPOLIS-ST. PAUL and WASHINGTON, D.C., January 12, 2021 – The massive disruptions of 2020 may have a lasting impact on the law firm market, creating a “tipping point” that accelerates and makes permanent major changes that law firms have, up until now, often been slow or reluctant to adopt. The 2021 Report on the State of the Legal Market, issued today by the Center on Ethics and the Legal Profession at Georgetown University Law Center and the Thomson Reuters Institute, says the unprecedented events of 2020 could set off a wave of sweeping permanent changes, such as law firm business models, use of technology and more flexible staffing and operations. The report raises the question of “whether the industry that bounces back will be the same industry that entered the pandemic this past March.”