Peer Monitor issues Mid-Size Law Firm Report
Mid-size law firms face unique challenges and opportunities in the current law firm market. Peer Monitor has launched its first Mid-Size Law Firm Report, analyzing this segment of the market, which consists of firms outside of the Am Law 200.
The report finds that mid-size firms struggled last year, compared with larger firms. But they also may find new opportunities as clients look for more cost-effective legal service providers. However, mid-size firms must show that they have sufficient scale and technology resources to meet clients’ needs.