By the Numbers: Four Practice Areas Set to Power Big Law in 2022

Big Law firms face a tall task this year repeating their financial performance in 2021, when a surge in demand for premium lawyers’ time drove revenue increases not seen since before the Great Recession.

Law firm leaders got a taste of what 2021 would be like in the last three months of 2020 as a hot economy brimming with liquidity began powering some of their most important practice groups. Deal flow never let up: Private equity transactions surged to a record last year and helped the broader mergers and acquisitions market set an all-time high with more than $5 trillion ...