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By now, it’s clear that high-performing firms in the Am Law 50 increased their advantage over everyone else, through higher revenue and profit growth, better demand and a strong performance on the lateral market.

But there will be several opportunities for firms outside the Am Law 50 to grow this year, including through corporate client rate pressure and clients looking to save costs by divvying up work more systematically, said several legal market analysts and firm leaders.

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Andrew Maloney

I'm a Chicago-based reporter covering the business of law, focusing on national and global law firms for The American Lawyer, Law.com and other ALM publications. Reach out: [email protected]    

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