The Am Law Second Hundred are feeling pressure from above, as larger firms look to pluck talented lawyers away to help meet elevated demand. But they’re also feeling pressure from below, pushed by a group of midsize firms that are sharpening their approach and offering clients and attorneys an attractive alternative.

These contenders are knocking at the door of the Am Law 200, ready to rise up and flex their midsize muscles. To do so, they will need to closely monitor the margins and stay vigilant in their pursuit of profitable growth.