Each week, the Law.com Barometer newsletter, powered by the ALM Global Newsroom and Legalweek brings you the trends, disruptions, and shifts our reporters and editors are tracking through coverage spanning every beat and region across the ALM Global Newsroom. The micro-topic coverage will not only help you navigate the changing legal landscape but also prepare you to discuss these shifts with thousands of legal leaders at Legalweek 2023, taking place March 20-23, 2023 in New York City. Stay tuned for more information.
The Shift: Move Over Wall Street. Silicon Valley Is Big Law’s New Power Alley.
In the last two years, as law firms survived the early anxiety of the pandemic and rode soaring legal demand to extraordinary financial results, one trend has emerged that gives us a glimpse at the future of the legal industry: The firms making the biggest year-over-year leaps are increasingly those with close ties to the technology industry and the sunny skies of Northern California.