Big Firms Beef Up, But NYC Government Boasts Largest Law Office
Despite flat demand in the legal industry, the biggest law firms overwhelmingly grew their New York offices last year. And unlike recent years, growth came quickly to many. But whether firm growth will lead to more revenue for firms is another issue.
July 11, 2017 at 12:00 AM
6 minute read
Despite flat demand in the legal industry, the biggest law firms overwhelmingly grew their New York offices last year.
This year's New York Law Journal 100, which ranks firms by their total number of full-time equivalent lawyers in New York state in 2016, shows that large New York law offices had one of their strongest periods of broad head count growth in post-recession times.
In all, about 66 firms showed a net gain in New York, two had no net change and the rest had net losses. That's in contrast to 2015, when head count gains and head count losses were roughly equal among the firms surveyed.
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