Andrew Kassner Discusses Legal Sector Consolidation With Capital Analytics
In a “Spotlight On” Q&A article in Capital Analytics, chair emeritus and finance and restructuring partner Andrew Kassner addresses how the trend of corporations becoming increasingly sophisticated in selecting outside counsel in their respective industries and seeking equally sophisticated, industry-focused legal advisory services is playing out in greater Philadelphia.
Kassner shares what has kept him busy over the past year and discusses key industries in the region. He also details how he would characterize the future role of law firms as the needs of clients evolve, as well as the outlook for Faegre Drinker and greater Philadelphia’s legal landscape.
“I anticipate a continued trend for consolidation in the legal ecosystem, which reflects clients’ own consolidation in their respective industries,” Kassner said. “We will bring in practices that our clients need today and anticipate what will make sense for the industries we’re servicing tomorrow.”