Law firms of today are buffeted by challenges from all sides. Clients are disgruntled over increasing legal costs. Yet, firms face relentless pressure to raise per-partner profits. The annual American Lawyer rankings of large firms shine a bright light on disappointing numbers: revenue for most firms has barely improved since the downturn of 2008.
Inside firms, discontent lurks. A new generation of women is rising. These up-and-coming lawyers want more than equality with their male peers—they want a better world for both genders. They are calling for fundamental changes to the practice of law to raise overall professional satisfaction.
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