Big Law Is Driving Blind Into Familiar, Low-Growth Territory

Welcome back to the Big Law Business column on the changing legal marketplace written by me, Roy Strom. Today, we look at the cloudy outlook for Big Law in 2023. Sign up to receive this column in your Inbox on Thursday mornings.

When Brad Hildebrandt and Gretta Rusanow put out their year-end report reviewing Big Law’s financial performance, they usually make detailed projections for the coming year. Not this time.

The outlook for Big Law is so cloudy that Hildebrandt said his team at Hildebrandt Consulting Citi Private Bank, where Rusanow is head of advisory services for the law ...