What will law firms look like in twenty years? Mega firms, virtual organizations, or what?
Honickman Law firms will be more virtual organizations. Lawyers from around the world will be able to partner up with other lawyers for purposes of litigating cases. This will be a great opportunity for lawyers to reach beyond the boundaries of their own country. Levy I think the trend towards mega firms will only intensify, and it will do so within the next 5-8 years. I think once the corporate market picks up again firms will see how they could benefit from a global presences in major markets and how more efficient it is for them when the merger wave hits again. Not to toot my own horn, but I think my firm Clifford Chance is excellently positioned to be the first mover in that area and I firmly believe that, due to the increasingly global nature of corporate transaction, there is and will continue to be an advantage for a law firm to have a global presence. Alladi Huge Mega firms. The pattern seems to be that firms are growing in size. I think they will keep growing and become more o
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