Ed. note: Welcome to our daily feature, Quote of the Day.
There is some very strategic and intentional thinking that has been part of a much more serious growth effort at some firms. They are recognizing that their relative size and profitability compared to rivals is important.
— Kent Zimmermann, a partner at the law firm consultancy Zeughauser Group, in comments given to Bloomberg Law, concerning some of the changes that Kirkland’s competitors have made in order to keep up with the biggest of the Biglaw Joneses. “It’s no time to take the foot off the gas,” Zimmermann said.
Staci Zaretsky is the managing editor of Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Bluesky, X/Twitter, and Threads, or connect with her on LinkedIn.