Law.com Trendspotter: When Legal Demand Returns to Earth, It's Going to Hit Some Law Firms Like an Asteroid - Law.com

The sky-high legal demand law firms have enjoyed over the past two years may now be on its arcing descent. As a result, firms that went all-in during this prosperous period may be headed for dangerously diminishing returns.

The Driver:

Deep down, everyone knows the pandemic-driven legal services boom can’t last forever. But when the work is pouring in and talent is at a premium, it can be difficult (and, some would argue, irresponsible) to resist making big investments in your workforce to meet that demand.

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source: https://www.law.com/2022/03/23/law-com-trendspotter-when-legal-demand-returns-to-earth-its-going-to-hit-some-law-firms-like-an-asteroid/

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