The Future Of Law And The Demise Of The Midsize Firm

By Fredric Newman (June 29, 2017, 9:28 AM EDT) -- Much is being written about the demise of BigLaw and the growth of "lifestyle" law firms in response to millennial demand for work/life balance. The BigLaw partnership model of the large corporate law firm is criticized for overworking associates. Clients are no longer loyal. Technology is eating away at the competitive advantage of size. The best and the brightest are fleeing the wood-paneled halls for trendy upstarts. I do not believe that dire prediction is justified....

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