November 19, 2021
Back

'Ripe for Growth': Three Regions Are Targets for Law Firm Expansion in 2022 | The American Lawyer - The American Lawyer

USA map
Credit: perspectivexx/Adobe Stock

What You Need to Know

  • Half of respondents on a recent survey of law firm business leaders said they definitely or probably will look to expand domestically.
  • Last year, the same survey found roughly a third of business leaders would definitely or probably seek to expand the same way.
  • Several firms have announced new offices as 2021 winds down; several also say they have their eyes on new markets in the near future.

Don’t expect Big Law to ease up on office launches in the U.S. anytime soon. Even after the rush to Salt Lake City this fall, and a spate of openings this month from Virginia to Kansas City and the San Francisco Bay, law firm leaders say they will likely continue to grow their footprint in the states next year and beyond.

A recent survey found that 50% of law firm business professionals believe their firms will likely expand into new territory, with most of those respondents pointing to the Southeast (59%), Midwest (52%) and West (50%) as fertile territory.

Want to continue reading?
Become an ALM Digital Reader for Free!

  • Free access to 1 article* every 30 days
  • Access to the entire ALM network of websites
  • Unlimited access to the ALM suite of newsletters
  • Build custom alerts on any search topic of your choosing
  • Search by a wide range of topics

Already have an account? Sign In Now

*May exclude premium content



source: https://www.law.com/americanlawyer/2021/11/19/ripe-for-growth-three-regions-are-targets-for-law-firm-expansion-in-2022/

Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.