Count on the leaders of America’s biggest law firms to lead the pep rally. The heads of Am Law 200 firms have been bullish about the year ahead since Law Tribune sister magazine The American Lawyer began surveying them annually in 2003.
This time, they are even more so: Ninety-one percent of respondents in a recent American Lawyer poll say they are optimistic about their firms’ future. It’s the first time more than 90 percent of those surveyed gave that response. Firm leaders also say they expect growth in most of the leading indicators – firm revenues, profits per partner, billing rates and head count.
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