Headlines like “The Last Days of Big Law” are great—eye-catching and search engine–optimized. If only they were true. While it’s always easy to use “anecdata” and argue, loosely, that the fate of one individual firm, say, the late Dewey & LeBoeuf, is a harbinger for the industry as a whole, that’s actually not the case when it comes to big law firms.
As Mark Obbie points out in his Slate article, the New Republic's cover story "looks at one sore throat and proclaims it a cancer pandemic." However, a deeper look at how the largest firms are doing, short-term and long-term, shows resilience and growth.
