2020 State of the Industry Report

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