This could represent a significant blow to London's legalindustry, he said.
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The legalindustry is not immune to the disruptive effects of emerging technologies.
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Moves of seasoned partners in the legalindustry have traditionally been few and far between.
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As he tells it, this announcement was met with consternation from some in the legalindustry.
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When it comes to corporate evil there is one perfectly legalindustry that towers above the rest.
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These numbers and interviews with lawyers on both sides suggest that the legalindustry has reached its Mozilla moment.
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Moves of seasoned partners such as Klingsberg, 55, in the M&A legalindustry have traditionally been few and far between.
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While the legalindustry may still be viewed by some as conservative, my own experience is that perception is changing.
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Dickstein, a 300-lawyer firm, has become known in the legalindustry for its insurance recovery, intellectual property and regulatory practices.
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Traditionally viewed as a bastion of conservatism, the legalindustry is transforming into one where innovation is at its core.
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The courier and information management company bought LitSupport, which provides electronic and written document services to the legalindustry, late last year.
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Speaking following the publication of the authority's annual report, William Prasifka said an independent regulator was badly needed for the legalindustry.
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And, what is more, another titanic figure of the legalindustry is campaigning to get the Western Cape's problematic judge suspended immediately.
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While the company has been around for more than a decade, investment in this niche of the legalindustry has increased recently.
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Q&A: U.S District Judge James Donato on lack of diversity in class counsel Can judges do more to promote diversity in the legalindustry?
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Former illegal cannabis grower Porourangi Tawhiwhirangi, who is now looking to join the legalindustry, said there needs to be limits on licences as well.