It’s been a heady 21st century for law firms. The tech bust and the recession were just opportunities. M&A partners learned to restructure; lawyers with a freshman chemistry course under their belts became IP litigators. The mother lode of private equity capital finally came in off the sidelines. Litigation adopted OPEC-speak: Was the pipeline full for the next six, 18 or 24 months? To paraphrase the cartoon caption of the day: Teach a firm to fish, and it will eat for a day. Teach a firm to sue, and it will eat forever. Or at least for this decade.
A careful review of our 21st-century numbers allows us to draw some conclusions about where we’ve been and where we’re headed. Here are four to consider:
This content has been archived.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]