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Share of U.S. law firms by methods used to increase profitability 2017-2020

This statistic shows the methods used by law firms in the United States to increase profitability between 2017 and 2020. During the 2020 survey, 78.4 percent of respondents stated that they acquire laterals or law firms, in order to help increase their firms' profitability.

In the last few years, has your firm done any of the following specifically to improve firm profitability?

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Source

Release date

June 2020

Region

United States

Survey time period

2017 to 2020

Number of respondents

182 respondents

Special properties

law firms.

Supplementary notes

Multiple answers were possible. The source did not provide the method of survey.
Values prior to 2020 were taken from previous editions.
2017 base: 386 firms
2018 base: 398 firms
2019 base: 362 firms

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Statistics on "BigLaw firms in the U.S."

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