Bloomberg Law
Feb. 19, 2015, 5:57 PM UTC

Is Law Firm Business Back And Booming?

Casey Sullivan

Good news about the U.S. law firm industry has been hard to come by over the past six years.

Financial pressures have imploded established firms like Dewey & LeBoeuf and headlines have been grim about the state of the legal market, like the New Republic feature: “The Last Days of Big Law.”

This year, however, has started off on a different note, with American Lawyer financial figures showing that law firms generally did very well in 2014, because of an uptick in cross-border mergers and acquisitions, along with a mending economy and active regulatory practices.

“I think we’re going back to ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.