Credit: STILLFX/Shutterstock.com Big Firms Less Bullish on Growing Leverage Than a Year Ago, Survey Finds
Pre-pandemic, large firms were reserved in making changes to their equity partner head count. "But one of the interesting trends we saw in 2022 was there was a significant jump in firms growing equity partner head count," one researcher said.
November 01, 2023 at 12:18 PM
6 minute read
In the past year, the share of Big Law firms that indicated plans to grow leverage in the next two years has shrunk, while remaining a majority, as lower levels of demand this year have left firms with highly paid lawyers with lower levels of average productivity.
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