2020 State of the Industry Report
A Review Of How The Legal Industry Fared in 2020
In retrospect, 2020 was one of the most important points for the legal industry. 2020 was a year unlike any other in the legal market due to the COVID-19 pandemic, which will have a long-lasting impact on the legal market. Many law firms in the top 200 weathered the pandemic due to prudent actions and smart planning – some even used 2020 as an opportunity for strategic growth. Lessons from past downturns helped law firms respond to near-term challenges and set the right priorities for the future.
What You’ll Learn in This Whitepaper:
- The effects of COVID-19 on the legal industry
- Lateral hiring at the partner and associate levels among the top 200 law firms in 2020
- Law firm mergers and acquisition activity
- Practice area and regional differences
- Law firm growth trends over the past year
- How law firms are doing in diversity efforts
- How technology has impacted lateral hiring
- Predictions for what 2021 may bring to the legal market
