How Badly Has Biglaw Been Battered?

Two prominent observers of the legal profession argue over the health of large law firms.

[I]n today’s environment, averages mislead more than ever. If anything is true about law firm performance in the post-Great Reset era, it’s that dispersion has never been wider. We have more highly outperforming winners and more poorly underperforming laggards.

But if you want to generalize? Out of ‘alive, well, and rich,’ the evidence seems to support one for three.

— Lawyer and law firm consultant Bruce MacEwen of Adam Smith, Esq., taking issue with the defense of Biglaw written by Robin Sparkman, editor in chief of the American Lawyer.

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