Over the last decade, virtually all large firms have adapted by increasing leverage (i.e., the ratio of total lawyers to equity partners). (elsblog.org)
** British law firm Allen & Overy is in merger talks with U.S. firm O'Melveny & Myers, which would create a business with combined revenue of 2 billion pounds ($ 2.82 billion) and total lawyer count of around 3,000, UK's Legal Week reported. (reuters.com)
Total lawyer headcount went from 1268 in 2008 to 1054 last year. (amlawdaily.typepad.com)