Bloomberg Law
March 17, 2022, 9:30 AM

Big Law’s Soaring Profits May Be Next Pandemic Darling to Falter

Roy Strom
Roy Strom

Welcome back to the Big Law Business column on the changing legal marketplace written by me, Roy Strom. Today, we look at Big Law’s chances of growing profits in 2022. Sign up to receive this column in your inbox on Thursday mornings.

What goes up must come down. It’s a lesson seemingly every financial asset is reminding us lately. So many early “pandemic darlings”—Netflix, Peloton, Zoom—that surged as Covid-19 took hold and people stayed home aren’t looking like they’ve won much of anything, two years later.

Big Law profits are next at risk of faltering from record highs. Large ...

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