Large law firms are using more formalized multidisciplinary teams (MDTs) for work across multiple projects, but this is not the case across the whole legal industry. To remain competitive and continue to demonstrate value to their clients, all law firms should consider using more formalized multidisciplinary teams across multiple projects and rely less on ad hoc and project specific teams.
MDTs: They Aren’t Just for Specific Projects Anymore
When asked by Bloomberg Law’s 2021 Legal Operations Survey to describe the project alignment of MDTs at their organizations, 54% of large law firms (those with more than 500 lawyers) respond that ...