Law Practice,
Law Office Management
Mar. 30, 2018
LA-based firms have shrunk as outside firms grew: study
While the LA legal market has recovered from the economic slide of 2008, large LA-based firms now have 20 percent fewer lawyers here than they did in 2008.
As a result of the 2008 financial crisis, large Los Angeles-based law firms have seen their number of lawyers decline while outside firms have opened more offices and added more lawyers in the city, according to a recent report.
UCLA School of Law’s Lowell Milken Institute for Business Law and Policy issued a report Thursday titled “Law Firms in Los Angeles After the Financial Crisis,” which concluded that many major Los Angeles fir...
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