Credit: BillionPhotos.com/Adobe Stock 2023 to Be a Busy Year for the Plaintiffs Bar—Here Is What You Need to Know
Plaintiffs bar leaders are mostly optimistic about business and litigation trends in 2023, but are also seeing some bumps on the road ahead.
December 21, 2022 at 09:30 AM
8 minute read
Analysis
The original version of this story was published on National Law Journal
While some Big Law players are feeling the pinch of economic downward pressure, most plaintiffs firms expect 2023 to bring growing caseloads and an easier environment for talent recruitment. "I'm actually excited about the work of the plaintiffs bar in the future," Robbins Geller Rudman & Dowd managing partner Paul Geller said. "I'm really bullish about the plaintiffs bar."
Here is what you need to know about plaintiffs bar trends for the upcoming year:
- Talent war ease-up benefiting plaintiffs firms
Caseload and hiring structure in the plaintiffs bar is expected to be somewhat counter-cyclical to overall economic recession fears and recent layoffs in some Am Law 200 firms. "The positive side is, it's easing the talent war a little bit," Robins Kaplan's chairman of the executive board Ronald J. Schutz told NLJ. "In fact, we'd like to hire a few more associates." Poaching legal talent from Midwest markets for higher paying jobs in New York has eased—retaining talent has become less of a challenge.
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