Photo: Fotolia After Drop in Hiring, Big Firms Are 'Lucratively Positioned' for Year-End
While demand for legal services fell by 2.4% in the third quarter, profitability was buoyed by increased work rates and a drop in hiring and expenses, according to a new Peer Monitor report.
November 09, 2020 at 05:00 AM
3 minute read
Legal Services
Big Law has still taken hits in demand in the last few months. But the picture has improved since the early summer, and many firms are positioned to be "more profitable than ever," according to a new report.
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