The professional services industry is beginning to feel the impact of the uncertain economy, with clients becoming increasingly cautious of large capital expenditures.
Until there is a bit more certainty in the economy, law firms specifically may need to explore growth opportunities through mergers and acquisitions.
This article, authored by RSM Canada, provides an economic overview of the professional services industry and insights for the immediate future, exploring whether the emergence of artificial intelligence (AI) will help or hinder the industry.