(Credit: yellow_man / Adobestock) As Law Firms Strive to Grow, Is All the World a Stage?
Global law firms know the days of historic revenue and profit gains are over. So is it any wonder they are scrambling to find new opportunities through mergers, lateral hires and the launch of new offices around the world?
February 05, 2023 at 05:22 PM
7 minute read
The Global Lawyer
Global law firms are racing to find new ways to build revenue. This isn't really surprising. They know times have changed. The hot deal market that drove last year's record revenue and profits has cooled. Crippling inflation, Russia's invasion of Ukraine, continued uncertainty about China and fears of a recession have all hampered global business.
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