In this article, Bill Henderson argues that the legal profession has a last mile problem: the legal profession has the personnel, technology and know-how to create legal solutions that clients want. But business models that will reward lawyers and organizations for leaps in legal productivity are missing to make this happen. 

Bill Henderson summarizes innovations being developed at Bryan Cave, Seyfarth Shaw, and Littler Mendelsohn, and then explains how firms that innovate will develop a competitive advantage and ultimately take market share. 

Bill Henderson explains how Axiom, a managed services practice, is targeting and servicing the same clientele as large law firms, dealing with prohibitions on fee-splitting, and ultimately disrupting the legal market.

After examining demographics of the licensed bar, Bill Henderson concludes that while a growing number of students are attending law school, those students are not going on to become members of the licensed bar.