Double Vision: Evolving Perspectives on Law Firms


If the legal profession is indeed driving toward a “new normal,” it has not yet resolved which road it will take. On one hand, the Goliaths continue to bulk up, and there clearly is a lot of life left in the Big-Bigger-BiggestLaw model.

2010 was a dormant year for mergers, but in 2011 the big fellas are reshaping the landscape through a plethora of law firm mergers producing numerous offices and ever-larger footprints. The formula seems clear: create big, impressive edifices supported by humongo global platforms that justify – and compel – rate increases.

But, the nimble, virtual, alternative and innovative lawyers and firms -- the Davids -- are posting impressive gains.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Pamela Woldow, Legal Leadership | Attorney Advertising

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