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The Future Profitability of Law Firms

The next several years will see significant changes in the legal profession. It will not be the end of the world; most law firms will survive. This article discusses two distinct world views that will determine which firms will likely prosper, and which will survive.

21 minute read March 26, 2010 at 03:51 PM
By
J. Mark Santiago
The Future Profitability of Law Firms

In the early summer of 2008, the American legal landscape was very different than it is today. The recently published AmLaw 100 list documented that 60 American law firms had reported profits per partner (“PPP”) of more than $1 million.

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