
Every year, Thomson Reuters and the Georgetown Law Center on Ethics and the Legal Profession come with a report on the State of the Legal Market. I have written about the reports before; I find them enlightening and generally well done. The 2024 Report is based on data from some 179 U.S. law firms developed by Thomson Reuters’ Financial Insights platform. Data came from 48 AmLaw 100 firms, 49 AmLaw second 100 firms, and 82 midsize firms.
The 2024 Report came out in early January this year and, as usual, is chock full of interesting findings. The Report used the historical demise of Pan Am Airlines as an example to drive home a point. Law firms may be facing a tipping point, a point at which they need to refine how they do business to survive.
Continue Reading The Thomson Reuters State of the Legal Market Report: Shifting Tides in Legal Practice?





