Our inaugural Midsize Hot List includes 20 law firms — selected from a flood of nominations — that demonstrate exemplary innovation in practice management, fee arrangements, attorney recruitment and retention, and business development, especially in the face of current economic challenges. These firms have shown particular agility in adapting their practices to the recent changes in the legal services market. They range in size from 50 to 300 attorneys and are located across the country.
June 29, 2009 at 12:00 AM
1 minute read
Midsize law firms haven’t managed to completely dodge the recession’s punch, but they have proven more agile than their bigger competitors.
The recession has delivered a savage blow to many law firm giants. Layoffs, employment deferrals and full-blown failures of firms have revealed some deep flaws in the big-law business model.
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