What would it really take for an Am Law 100 firm to have a prolonged period of decline? Clearly more than a pandemic, political instability or social unrest, which combined in the last 18 months to produce a very difficult time for many but a profitable time indeed for many elite law firms.
Countercyclical and diversified practices, a large enough footprint to weather geographical downshifts in certain markets and strong talent pipelining insulate the most profitable law firms from a variety of external factors that can impact their business, which will be detailed below.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Not a Bloomberg Law Subscriber?
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]