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The combination of the coronavirus crisis and the recent explosion of attention on the country’s legacy of racial inequality only serves to highlight the importance of balancing financial concerns with social considerations when running a law firm.

That’s the message from several managing partners who saw their firms move up on The American Lawyer’s A-List for 2020. While the ranking considers revenue, it also accounts for cultural markers like pro bono work, associate satisfaction, racial diversity and gender diversity among the equity partnership.

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Dan Packel

Dan Packel covers change and innovation in the legal services market, and writes a weekly briefing for Law.com, "The Law Firm Disrupted," on these subjects. He is based in Philadelphia. Contact him at [email protected] On Twitter at @packeld

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