Second-Tier Firms Hire Up As BigLaw Sheds Work

Law360, New York (May 31, 2013, 9:45 PM EDT) -- As the nation’s top 100 firms limit their head count and tighten their equity partnership ranks, their smaller rivals are going in the other direction, bringing on more attorneys as they compete for work that top-tier firms have left behind, experts say.

While the top revenue producers in the AmLaw 100 stuck to modest hiring, increasing their overall head count by only 0.8 percent last year, AmLaw’s so-called Second Hundred firms achieved most of their top-line growth by increasing total head count by 885 lawyers, or 3...
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