Despite the economic downturn in 2008, law firms have opened new offices at a brisk pace so far this year. Dozens of law firms have planted flags on the West Coast, in the Midwest and the South, with a noticeable absence of expansion on the East Coast during the first half of 2008. Although many firms are taking a "hunker down and wait" approach during the sluggish economy, says consultant Ward Bower, others are seeing opportunities to grab smaller firms and lateral groups.
Pace of New Law Firm Offices Is Brisk
The National Law Journal
June 25, 2008