Credit: Aliaksandr Marko/Adobe Stock Big Law and Big Sports: More Money, Law Firms and Work
"The issues have become far more complex, the stakes far more significant, and the players far more global and institutional," noted Paul Weiss chair Brad Karp.
June 24, 2024 at 05:00 AM
9 minute read
Law Firm Profitability
What You Need to Know
- A flurry of newer rules in team ownership, as well as increased sports litigation and investment, has set off more opportunities for more law firms.
- Investment in women's sports leagues and teams will lead to more legal work.
- Legal matters tied to the NCAA and student athletes is leading to a 'Wild West' for lawyers and the courts.
More law firms are betting on growing their sports practices amid recent changes in amateur and professional sports, finding it hard to ignore the multi-practice work that teams and leagues can bring to lawyers.
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