Law Firms — Legal Industry Faces Multiple Strategic Challenges: Executive Power, Deal Flow Concerns, and Future Practice Models

Law Firms · 2026-03-31

Today's developments reveal mounting pressures on the legal industry across multiple fronts. Major law firms are actively challenging executive branch attempts to restrict legal practice through unprecedented orders, while simultaneously grappling with declining deal work volumes that threaten traditional revenue models. The emerging vision of future legal practice emphasizes entrepreneurial…