Crystal Ball for 2006

Legal Times looks into their crystal ball for 2006 to answer five question:

• Will Merger Mania continue?  (Yes, and client service will drive it).
• Will compensation soar?  (Yes, and the war for talent is to blame).
• Have billing rates topped out? (Probably, but there is a rise in alternative fee arrangements).
• Can costs be cut further? (Yes.  Outsourcing, paring down practice areas).
• Are client relationships more critical than ever?  (Yes.  Duh.)

Read the article here.