Whenever we look back on history, we are presented with a neat description of what happened and why. It all makes sense, because we have the benefit of hindsight and long-term trends to explain what at the time likely felt chaotic and surprising.

We can airbrush out surprises in the legal industry, too. It was obvious that Kirkland & Ellis and Latham & Watkins would rise to the top (it wasn’t), and clear warning signs were there for firms that collapsed (they weren’t).

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]