March 25, 2022

Big Law Betting on a Litigation Resurgence in 2022 and Into 2023 | The American Lawyer - Law.com

What You Need to Know

  • Firm leaders and analysts expect a rebound in litigation to continue this year and into next.
  • Although litigation was up across the industry in 2021, firm leaders say pent-up demand will take a while to alleviate, and new filings will add to the workload going forward.
  • Some firms have shifted their practice mix as they've seen massive demand increases in transactional work, but surveys and analysts suggest the outlook for litigation remains optimistic.

Despite a healthy increase in demand last year, lawyers, judges and law firms are still playing catch-up on litigation after COVID-19 shuttered courthouses and stalled trials. But Big Law leaders say they expect pent-up litigation demand to continue to be a boon this year and next.

Although demand for litigation was up more than 3% in 2021, pandemic uncertainty continued to cause problems. The omicron variant led to additional jury trial delays in late 2021 and earlier this year, exacerbating backlogs caused by the initial wave of COVID-19 closures.

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source: https://www.law.com/americanlawyer/2022/03/25/big-law-betting-on-a-litigation-resurgence-in-2022-and-into-2023/

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