Welcome to the 21st edition of PaLaw: Annual Report on the Legal Profession. Each year we use this magazine to provide a detailed view of the state of the law in Pennsylvania. We set out to cover all aspects of the legal profession, including the public and private sectors, and look into all corners of the state. We take this opportunity to review the past year and look forward to the coming one. Taken in full, the articles, tables, charts and graphs in these pages represent a finger on the pulse of the legal community at this moment in time.
Last year proved to be a surprisingly strong financial one for Pennsylvania firms, as the recession continues to fade into the rearview mirror. It was an investment year for many firms, as Max Mitchell writes in his review of firm financial results. And after entering this year expecting an increase in layoffs, firms are expecting those cuts to taper off, as Gina Passarella writes in her analysis of our annual Managing Partners Survey.
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