Larry Bodine, the former editor of Lawyers.com, recently spoke with LawMarketing.com editor-in-chief Cindy Greenway, about a LexisNexis/Counsellink research report, Enterprise Legal Management Trends Report that he says contains good news for small law firms:
The takeaway from this is that there is now some quantifiable research that shows law firms with less than 50 lawyers are the ones growing at the expense of the larger firms. Both Larry and I have felt that this was the case for awhile now, but it’s good to see the numbers bear this out.
This means that there may be a new market out there for those of you who thought you couldn’t compete before, as more companies turn to smaller firms for the flexibility they offer with their legal services.