This year’s Midsize Hot List shows the agility of law firms with 50 to 150 attorneys in ducking the recession’s blows — or at least bouncing back more quickly than many big-firm competitors.

Lower hourly rates remain the greatest advantage that midsize firms offer, but it’s not all about the money. The firms included on this year’s list have demonstrated the ability to snag big clients by offering specialized services and to hold on to smaller clients through bread-and-butter practices including estate planning and employee benefits.