fromAbove the Law
2 days agoStat(s) Of The Week: Cause Or Coincidence? - Above the Law
Armed with data from SurePoint Legal Insights about changes in headcount over the last six months, Lat concludes that "the Trump deals might be affecting, but not fundamentally altering, law firms' overall trajectories." Whether coincidence or cause and effect, or some combination thereof, a few stats are worth highlighting: On average, Am Law 100 firms saw attrition of -1.7% The five firms subjected to executive orders that did not capitulate averaged a 2.8% decline in headcount The nine firms that made deals with Trump averaged a 4.9% drop
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