Research

2020 State of the Legal Industry Report

A Review Of How The Legal Industry Fared in 2020.

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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.

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.

Topics in the Report:

  • 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

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