Credit: Who is Danny/Adobe Stock Across-the-Board Declines Mean an 'Inflection Point' for Law Firms
Big Law equity partners are facing possibly smaller payouts, as firms are under pressure to cut into head count, according to the latest Law Firm Financial Index.
November 07, 2022 at 05:00 AM
5 minute read
Law Firm Profitability
Law firm leaders are likely to face mounting pressure to make cuts wherever they can find them as the end of the year approaches, with demand falling 0.7% relative to the same period last year and productivity falling 3.8%, according to a report published Monday.
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