Nokia were a market leader. Now they are no more.
The reason...when they were on top they did not change or adapt, they did not see what was coming until too late.
I look around the legal market and see many firms making the same mistake.
The best time to change is when you think you don't need to.
Nokia has been a respectable company. They didn’t do anything wrong in their business, however, the world changed too fast. Their opponents were too powerful. They missed out on learning, they missed out on changing, and thus they lost the opportunity at hand to make it big. Not only did they miss the opportunity to earn big money, they lost their chance of survival.