big law collapse

The Collapse of Big Law, and the Rise of Small Law Firms

The Collapse of Big Law, and the Rise of Small Law Firms 150 150 Jason Krause

In the past decade, twelve major firms with more than 1,000 partners between them have collapsed entirely. That’s an unfortunate trend, but one that will likely only get worse. Noam Schreiber summarized the coming legal conflagration this way in the New Republic: There are currently between 150 and 250 firms in the United States that…

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