Biglaw

Legal Industry Rebounding Due to International Mergers
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

The 350 largest law firms in the country shows the biggest growth during 2013 since the recession years, according to The National Law Journal. These firms saw a 3.9 percent increase in 2013.

In 2013, Fulbright & Jaworski finished its merger with Norton Rose, based in London. The merger created Norton Rose Fulbright, which ranks three on this year’s list. Salans merged with SNR Denton and Fraser Milner Casgrain to form Dentons , which ranks at number four.

  
What
Where


K&L Gates joined hands with Middletons as well. When you remove the international mergers from the equation, the top 350 law firms in the country saw just an 0.8 percent increase in year-over-year numbers.

The 3.9 percent gain in 2013 was much better than the 1.1 percent growth in 2012 and the 5.3 percent drop in 2008. The last time law firms in the country saw such a large upswing was in 2007, just before the economy went into its recession.

Baker & McKenzie is back at the top of the list with 4,087 lawyers. It beat out DLA Piper, who has 3,962 lawyers. The firm at the bottom of the list is that of Farella Braun & Martel with 115 lawyers.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




David Wilkins, a Harvard Law School professor, said that bigger law firms are focused on the international market.

“It is so clear that all the growth is going to come from outside the U.S.,” said Wilkins. “Everyone is trying to figure out what their strategy is. The imperative is so great to figure out what your global strategy is going to be — where you’re going to be when the U.S. market is going to be a smaller and smaller part of the market.”



According to the International Monetary Fund, the economy in China will surpass the economy in the United States by $200 billion by 2016.

Peter Kalis, the chairman of K&L Gates, said, “With the emergence of an energy-independent North America, future expansion into Canada and Mexico could well be desirable.”

Click here for law firm legal jobs opening on LawCrossing.com



 

RELEVANT JOBS

Immigration Attorney

USA-VA-Alexandria

Full-time Contract Attorney for Hispanic Non-profit Organization in Alexandria, Virginia. Immigratio...

Apply now

Legal Secretary - Corporate / Transactional

USA-CA-San Luis Obispo

Thriving law practice with offices in San Luis Obispo and Paso Robles seeks a full-time legal secret...

Apply now

Attorney

USA-AZ-Scottsdale

Full Job Description The ideal candidate will possess the following: 1-5 years of litigation e...

Apply now

Legal Assistant / Paralegal

USA-FL-Miami

Zarco Einhorn Salkowski & Brito, P.A. Franchise/Complex Commercial Litigation AV Rated Law Firm is ...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Mid-level Corporate Associate Attorney

USA-MA-Boston

Boston office of a BCG Attorney Search Top Ranked Law Firm seeks mid-level corporate associate attor...

Apply Now

Workers Compensation Defense Attorney

USA-CA-San Francisco

San Francisco office of a BCG Attorney Search Top Ranked Law Firm seeks workers compensation defense...

Apply Now

Workers Compensation Defense Attorney-Subrogation

USA-CA-Oakland

Oakland office of a BCG Attorney Search Top Ranked Law Firm seeks workers compensation defense attor...

Apply Now

SEARCH IN ARCHIVE

To Top