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Accounting and Financial Planning for Law FirmsFeaturesLabor LawLaw Firm Management

What Can the Legal Industry Learn from Baseball's Labor Dispute?

By Dan Packel
April 01, 2022

Major League Baseball just resolved a contentious dispute between owners and the players union over revenue, salvaging the full 2022 season. Simply put, both parties had been at odds about how to split up the pie, and it seemed that at least two weeks of the season would be lost.

This acrimony was in place despite the fact that MLB revenues had been soaring in the years leading up to the COVID-19 pandemic. The last two years haven't been quite so flush, thanks to cancellations and attendance restrictions — one reason why the comparison I'm about to draw to law firms is a little inexact. But conditions are in place this season for a return to form.

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