The United States’ largest firms are losing market share to the band of firms below, according to a study by LexisNexis released yesterday (22 October) for the three years ending 30 June.
The CounselLink Enterprise Legal Management Trends Report shows that the 50 largest US firms, with at least 750 lawyers, have seen their share of client fees paid in the US drop to 20%, down from 26% three years ago.