Even with the black cloud of the omicrom variant hanging over the start of 2022, leaders of some of Canada’s top-tier firms are predicting another good year. But it will not be without its challenges, as the “dreaded” talent war will see firms scrambling for lawyers.

“I’m pretty optimistic generally about 2022,” said Matthew Cockburn, managing partner of Torys, which has five offices across Canada and in New York. “I’m anticipating activity levels to continue to be quite high,” although not quite the record activity levels of 2021.