(Credit: eamesBot/Shutterstock) Big Law Is Aggressive With Rates. Should Midsize Firms Follow?
As Big Law keeps getting rewarded for pushing large rate hikes, analysts and consultants say midsize firms are leaving money on the table.
February 15, 2024 at 02:00 PM
7 minute read
The original version of this story was published on Pro Mid-Market
Emerging reports on 2023 indicate that last year was a great one for midsize firms. Demand shifted to the middle market from larger firms, and realization rates held stronger than they did for Big Law peers. Midsize firms also took advantage of a more fertile talent market after Big Law's talent wars cooled off, setting themselves up for more growth in 2024.
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